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  • Renewable Energy: Tokio Marine HCC completes Gcube acquisition

    Tokio Marine HCC yesterday announced it has completed its acquisition of specialist renewable energy underwriter, GCube.

    Asia | 02 Jun 2020
  • US: Lawmaker proposes Pandemic Risk Insurance Act

    Congresswoman Carolyn Maloney, a senior member of the House Financial Services Committee, has joined with various stakeholders to introduce the Pandemic Risk Insurance Act of 2020 (PRIA). This legislation will create the Pandemic Risk Reinsurance Program, a system of shared public and private compensation for business interruption losses resulting from future pandemics or public health emergencies.

    Asia | 29 May 2020
  • Verisk offers complimentary access to its digital platform

    Verisk is offering four months of complimentary access during the COVID-19 pandemic to Coverage Verifier-Verification as a Service (CV-VaaS), a new, digital platform that delivers insurance information that lenders need to process loans with increased efficiency.

    Asia | 29 May 2020
  • Alex Gilmore appointed chairman of Worldwide Broker Network

    Price Forbes executive director Alex Gilmore has been appointed chairman of Worldwide Broker Network.

    People | 29 May 2020
  • Global: Reinsurers unlikely to recoup cost of capital this year -- Fitch

    The global reinsurance sector will fail to earn its cost of capital in 2020 due to the coronavirus crisis, Fitch Ratings says, following a sector ratings review.

    Asia | 29 May 2020
  • 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

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