by AIP Online Bureau | Nov 21, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Geopolitical issues, natural catastrophe events, climate transition and people were top concerns today and tomorrow as organisations highlighted a wide range of emerging risks fostering volatility. These range from global elections to uncertainty leading to...
by AIP Online Bureau | Nov 7, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
For 2024 and 2025, PCRIC now provides insurance for tropical cyclones, heavy rain, earthquake, and tsunami risk to six Pacific governments: the Cook Islands, Fiji, Niue, Tonga, Samoa, and Vanuatu, as well as the state-owned telecommunications company PNG DataCo in...
by AIP Online Bureau | Oct 29, 2024 | Intermediaries, International News, Non-Life, Reinsurance
“Working closely with the international and domestic insurance markets, we will focus on the speciality segments, particularly for large corporates and Japanese companies with overseas business interests. These include those in Natural Resources, such as Power...
by AIP Online Bureau | Oct 8, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
A shift in appetite from coal to non-coal power and the phasing out of underwriting existing coal risks have combined to encourage insurers to seek new opportunities in deploying their capital. We are seeing an increasing number of insurers seeking to offer long-term...
by AIP Online Bureau | Oct 1, 2024 | Health, Intermediaries, International News, Non-Life
“With the sale of Tranzact, we are exiting this direct-to-consumer market and accelerating our progress toward our long-term free cash flow margin goals,” WTW CEO Carl Hess said Willis Tower Watson said Tuesday it would sell its direct-to-consumer insurance...