by AIP Online Bureau | Jan 26, 2023 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Data show that 2022 was the fifth costliest year on record for insurers, with approximately $50-55 billion of the global insured loss total resulting from Hurricane Ian in the United States – the second-costliest natural catastrophe in history from an insurance...
by AIP Online Bureau | Jan 25, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The Open Exposure Data Standard will also lower barriers of entry for model developers – including commercial vendors, third-party data providers and academia and other research institutions. Initial testing on reinsurance placement data for Japan, Australia and China...
by AIP Online Bureau | Dec 2, 2022 | Intermediaries, International News, Non-Life, Reinsurance
“In 2022, we have continued to strengthen our business and a key part of this success is building a team that inspires and energises each other to create differentiated solutions for clients and deliver the exceptional level of service our clients demand, George...
by AIP Online Bureau | Nov 8, 2022 | Intermediaries, Interviews, Non-Life, Risk Management, Technology
In an exclusive interview with Asia Insurance Post, Adam Peckman, Head of Cyber Solutions – Asia Pacific and Global Head of Cyber Risk Consulting – Cyber Solutions, Aon,speaks about the emerging trends in APAC Cyber Insurance markets What is the size of Cyber market...
by AIP Online Bureau | Oct 19, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Michal Lörinc, head of catastrophe insight in Aon’s Impact Forecasting team, said: “It is anticipated that there will be robust loss development across many of the reported natural catastrophes, especially with the realization of costs associated with recent tropical...
