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Reinsurance Prices Drop – Despite 2018’s Big Natural Catastrophe Losses: JLT Re

by AIP Online Bureau | Jan 3, 2019 | International News, Non-Life, Reinsurance, Risk Management

  London: JLT Re’s global property-catastrophe reinsurance index fell 1.2 percent in Jan. 1 policy renewals, the broker said on Wednesday, dashing the industry’s hopes of higher reinsurance premiums after a second straight year of big losses.  ...

Global debt reaches an all-time high of $184 trillion, 225 percent of GDP in 2017

by AIP Online Bureau | Jan 3, 2019 | Articles, Eco/Invest/Demography, Risk Management

  Until recently, we had a partial view of global debt. Our new update to the IMF’s Global Debt Database, first made public in May 2018, now fills even more of the gaps. We have compiled data on public and private debt for 190 countries, dating back to...

EPFO subscribers may be allowed to invest more in equity markets in 2019

by AIP Online Bureau | Jan 3, 2019 | Indian News, Pension & Social Security

New Delhi: Subscribers of the retirement fund body EPFO may get an option in the new year to invest more of their savings in the equity market, besides a host of other social security benefits and digital tools to manage their funds.    At present, the...

January Renewals show higher prices for clients with poor loss records: Willis Re

by AIP Online Bureau | Jan 2, 2019 | International News, Non-Life, Reinsurance

  London:  Reinsurance placements at 1 January 2019 highlight a pricing gap between accounts with peak peril exposures or poor loss records and the rest, with many reinsurers placing emphasis on the quality of client counterparties, according to the latest...

Data dhow car accidents up in states that first legalised marijuana

by AIP Online Bureau | Jan 2, 2019 | Data, Risk Management

  Crashes are up by as much as six percent in Colorado, Nevada, Oregon and Washington, compared with neighboring states that have not yet legalized marijuana for recreational use, according to research from the Insurance Institute for Highway Safety (IIHS) and...
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