The UNDP is working with partners to create the largest partnership of its kind, the Global Takaful Alliance, according to a staement posted on the website of the UNDP Insurance & Risk Finance Facility.
HDI Global (HDI) has appointed Mr Jamie Haider as risk engineering manager, Australasia, subject to regulatory approval.
International Transport Intermediaries Club (ITIC), the world's leading professional indemnity (PI) insurer for transport professionals, is increasing its focus on the aviation industry by launching a new "Aviation Rule Book", the rule book is the policy wording on which all policies for aviation assured's will now be based. As ITIC's aviation portfolio continues to grow, so does the need for a bespoke insurance solution tailored to meet the distinct demands of this dynamic sector.
To promote Tokio Marine Group's initiatives to tackle climate change in relation to insurance underwriting, the Japanese non-life insurance giant has set a group-based target for decarbonisation-related insurance premiums as an interimgoal towards realising a decarbonised society, announced Tokio Marine Holdings president and group CEO Satoru Komiya.
Temasek, a global investment company headquartered in Singapore and Warburg Pincus, a global growth investor, have completed a transaction to acquire the majority of shares in Specialist Risk Group (SRG), a specialist insurance intermediary.
Swiss Reinsurance Company's (Swiss Re') operating performance metrics, particularly in more recent years, have been supportive of a strong operating performance assessment, says AM Best.
Reinsurance market participants appear to have varied expectations for pricing in 2025, says Fitch Ratings following its online survey carried out during the market's annual gathering at the Rendez-Vous de Septembre in Monte Carlo.
Price Forbes Re has appointed Mr Oliver Waterhouse as head of property facultative. In his new role, he will spearhead the property facultative division, a core area of growth for Price Forbes Re.
The Singapore Reinsurers' Association (SRA) yesterday announced its panel programme line-ups and Guest-of-Honour for the Singapore International Reinsurance Conference (SIRC) 2024.
Lloyd's has appointed Sir Charles Roxburgh as chair, effective 1 May 2025 and subject to regulatory approval and consent from the Prudential Regulation Authority and the Financial Conduct Authority. His appointment was also approved by the Council of Lloyd's. He succeeds Mr Bruce Carnegie-Brown.