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Global tag returned 1577 results

  • Market set to harden with premiums possibly doubling

    After several years of declining rates, commercial insurance buyers are seeing prices go up to prices not seen in almost two decades, compounding the issues they may already face due to the coronavirus crisis.

    AIRPlus | 27 May 2020
  • Organisations are vulnerable to fraud in the pandemic period

    Fraud is becoming an increasing concern as most of the staff of majority of organisations are working remotely due to the social distancing and national lock-downs imposed due to coronavirus pandemic.

    Asia Risk | 27 May 2020
  • European risk managers propose EU catastrophe insurance

    The European Commission should create an European Union-based resilience framework to provide insurance cover for catastrophes such as pandemics and huge cyber attacks, the Federation of European Risk Management (FERMA) said on Tuesday.

    Asia Risk | 27 May 2020
  • The coronavirus pandemic gives a boost to the role of chief risk officers

    A positive fallout of the coronavirus pandemic has been the rise in the stature of the chief risk officers. With businesses facing a wide range of threats and challenges to their operations, risk officers are now working with executives and boards of directors to respond to these challenges and threats.

    Asia Risk | 27 May 2020
  • Coronavirus deflecting attention from other big threats

    Zurich Insurance group chief risk officer Peter Giger has said the focus on coping with the coronavirus pandemic could blind companies and governments to other systemic threats.

    Asia | 26 May 2020
  • A Possible Solution to the Soaring Old-Age Dependency Ratio?

    This article is in no way trying to minimize the medical and financial horrors inflicted around the world by the COVID-19 pandemic. But before most of the world ever heard of a coronavirus or COVID-19, there was a different global crisis, albeit less immediate than the current pandemic, says Ronnie Klein, Executive Director of Bermuda International Long Term Insurers and Reinsurers (BILTIR), which represents Bermuda's life and annuity sectors. He shares his insights in this article.

    Agents | 25 May 2020
  • British insurance giant projects $195m in COVID-19 claims for GI business

    Aviva estimates that its non-life COVID-19 related claims would amount to GBP160m ($195m) net of reinsurance, based on analysis as at 30 April.

    Asia | 22 May 2020
  • US: AM Best expects more mortgage reinsurance losses

    With mortgage delinquency rates expected to dramatically increase due to COVID-19 pandemic-related loan forbearance and job loss, AM Best has explored the spillover effect into the mortgage-related activities of the reinsurance industry.

    Asia | 22 May 2020
  • US insurer donates $1m to COVID-19 relief

    Philadelphia Insurance Companies (PHLY) has pledged $1m to organisations and community relief funds leading response and recovery efforts for those affected by the coronavirus pandemic. The contribution will go to organisations across the country addressing food and economic insecurity and those delivering critical medical and social services.

    Asia | 22 May 2020
  • Many Asian nations show enough resilience to recover from the pandemic - FM Global

    According to the recently released 2020 FM Global Resilience Index, several nations in Asia Pacific are well-positioned to foster a post-pandemic business recovery, due to having a solid foundation for resilience.

    AIRPlus | 20 May 2020

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