by AIP Online Bureau | Nov 18, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Dani Tobler.Head Cyber Reinsurance at Swiss Re “North America dominates with 70% premium share followed by Europe (19%) and APAC (8%) according to Swiss Re data. This not only illustrates the varying cyber market maturity levels around the globe but also...
by AIP Online Bureau | Nov 11, 2024 | Indian News, Life, Reinsurance, Risk Management, Technology
Swiss Re’s DHU solution automates technical underwriting, using advanced technology to analyze multiple stacks of medical records and lab results concurrently. By providing real-time underwriting decisions and faster turnaround times, the solution enables more...
by AIP Online Bureau | Nov 11, 2024 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Flood risk is set to increase due to climate change and urban sprawl.Economic benefits of flood adaptation measures can be up to ten times the costs of post-disaster rebuilding. Dykes can reduce flood damage by 60-90%, especially in densely populated regions Zurich:...
by AIP Online Bureau | Nov 6, 2024 | International News, Non-Life, Reinsurance, Technology
The acquisition will expand Allianz Direct’s footprint further into the B2B2C segment as it is taking over more than 130,000 iptiQ customers. The transaction is in line with Allianz Direct’s goal to expand its B2B2C operations as it can capitalise on...
by AIP Online Bureau | Aug 29, 2024 | International News, Non-Life, Reinsurance
In AM Best’s `World’s 50 largest reinsurers in 2023’, Munich Re is the largest IFRS 17 reporting reinsurer followed by Hannover Re and SCOR Re. Swiss Re is the largest non-IFRS 17 reporting reinsurer globally, followed by Berkshire Hathaway and...
