Hong Kong Insurance Authority looks back at past year
Hong Kong’s Insurance Authority (IA) has published its annual report for 2020–2021, titled Embracing the New Normal, which...
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Munich Re cites higher demand, tightened alternative capacity
In announcing its results this morning, global reinsurance giant Munich Re cited two factors that helped to improve market conditions...
Truckers’ Premiums Keep Rising, Despite Safety Improvements, Coverage Changes
As with so many other goods and services, insurance for commercial trucks has become more costly since the pandemic –...
The Great Resignation: Insurers have "a terrific story" to tell
“The insurance industry is not immune from these issues,” said Peter Hohman (pictured), Insurance Institute of Canada (IIC) president and...
Liberty Specialty Markets first UK insurer to launch personalised flood warnings to customers
Authored by Liberty Specialty MarketsLiberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has become the first UK insurer...
Winter hazard awareness – why preparation is vital
“When talking about business resiliency programs and understanding how organizations can thrive through adverse business conditions, reminding business leaders about...
Allstate exhausts cat bond as 2021 cat reinsurance recoveries hit $1.37bn
US primary insurance carrier Allstate has revealed making $1.37 billion of recoveries under its catastrophe reinsurance arrangements during calendar year...
Cat owner tries to blame insurer after fatal snake bite
A pet owner has lost a dispute over liability after his cat died after it was taken to a vet...
PSC earnings soar on UK contribution, organic growth
PSC Insurance Group today reported stronger-than-expected earnings for the six months to December, fuelled by contributions from its UK and...
Coca-Cola pension fund ILS allocation shrinks 9% to $330m in 2021
Global beverage and food giant the Coca Cola Company’s pension fund allocation to insurance-linked securities (ILS) shrank in 2021, dipping...
