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New UN database to help countries tap climate ‘loss and damage’ fund

by AIP Online Bureau | Jan 26, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Given the limitations of current databases, UNDRR is collaborating with the World Meteorological Organization (WMO) and the United Nations Development Programme to create a new global “disaster losses and damages” tracking system. It will replace the...
Sunil Sharma takes over as CEO of RGA’s India operations

Sunil Sharma takes over as CEO of RGA’s India operations

by AIP Online Bureau | Jan 26, 2024 | Health, Indian News, Life, Regulation, Reinsurance

Sunil Sharma,CEO, RGA, India Sunil Sharma, a qualified actuary, holds more than 30 years of experience in insurance and reinsurance markets globally and was the president, chief actuary, and chief risk officer at Kotak Life most recently Hong Kong: Reinsurance Group...

ANALYSIS-Too hot to party? Extreme temperatures threaten live music shows

by AIP Online Bureau | Jan 25, 2024 | Disaster & Management, Eco/Invest/Demography, Features, Non-Life, Reinsurance, Risk Management

Crowd safety experts and outdoor event organizers are exploring ways to protect performers and fans from the growing threat of extreme weather, after global warming neared an internationally agreed limit of 1.5 degrees Celsius last year By Diana Baptista MEXICO CITY:...
MS Amlin completes world-first Singapore ILS renewal

MS Amlin completes world-first Singapore ILS renewal

by AIP Online Bureau | Jan 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Will Ho, CEO, MS Amlin Asia Pacific Pte Ltd, said: “ We are also exploring other Singapore-based risk transfer solutions to support global investors, increase insurance capacity in Asia, and help close the region’s insurance protection gap” SINGAPORE: MS Amlin, the...

Reinsurers’ underwriting margins to peak in 2024,says Fitch

by AIP Online Bureau | Jan 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Fitch also forecasts an improvement in underlying profitability for the global reinsurance sector in 2024 on continued strong underwriting margins and rising investment income, and is maintaining its improving fundamental sector outlook Frankfurt /Chicago: Reinsurers’...
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