Insurers urgently need to modernize their risk models
He believes insurance firms are experiencing the sharp end of a “perfect storm” involving two years of COVID-19, floods, fires,...
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APAC non-life insurers more affected by inflation than life insurers
“Offsetting these risks, to some extent, is the short-tailed nature of insurance products in most APAC markets. However, insurers' ability...
Are you ready for the next Minimum Energy Efficiency Standards deadline?
Authored by HSBHigh energy prices and evolving legislation (e.g. the Minimum Energy Efficiency Standards (MEES), introduced by the Energy Efficiency...
All eyes on cyber: The celebrity in commercial insurance
Several factors have contributed to the surge in ransomware incidents, including the COVID-19 pandemic and the mass scramble to shift...
Coverage Cannot Be Created by Arguing Waiver or Estoppel
After an accident involving plaintiff and non-party Michael Ragland who struck plaintiff while he was traveling through a crosswalk on...
Waze app making life easier for taxi drivers
Roads and traffic can change in an instant and taxi drivers need to be on top of their game to...
Drug use among young people in England is down 24%
Adolescence is the time of life when young people – but especially boys – are more prone to experiment and...
What is mpg and how does it compare with kWh or liters per mile?
In the United States, we measure fuel economy in terms of miles per gallon, or mpg. And the units are...
State Farm buys $1.2 billion stake in security services firm ADT
In a statement, ADT announced the team-up with the country’s largest home insurer to expand innovative smart-home technology offerings and...
TehranRe sets up with ILS ambitions
A new reinsurer has been established in Iran’s capital called Tehran Reinsurance Company, which launches with around USD 20 million...
