Welcome to My Blog

Here is a masonry blog layout with no sidebar

Insurance industry calls for action to mitigate Climate Risk as Australia bushfires widen

“Globally, as our cities get bigger, we’re moving into more hazardous areas. Disaster mitigation is absolutely key,” said Andrew Gissing, head of risk and resilience at Risk Frontiers, a provider of catastrophe-modeling solutions. “We spend too much on disaster relief and recovery and not enough on mitigation.”

Natural catastrophes record $52b insured losses & 9,000 deaths in 2019:Munich Re

Torsten Jeworrek, member of the Board of Management, commented, “The severe cyclones in 2019 have highlighted the importance of knowledge about changes in risk. Natural climate variations influence weather catastrophes from year to year. Longer-term climate change effects can already be felt and seen. Buildings and infrastructure must be made more resistant in order to reverse the increasing trend in losses. This will enable insurance to be more effective and support the remaining financial losses.”

 

dacadoo announces global partnership with Swiss Life Global Solutions

dacadoo’s comprehensive digital Health Engagement Platform motivates users to achieve and maintain healthy lifestyle habits. The digital user journey is optimized to engage clients of Health & Life Insurers, and it is delivered through mobile apps and a web app built in responsive design. It combines motivational techniques derived from behavioral science, with functions from online gaming and social networks that involve users in their holistic health – body, mind and lifestyle

Ukrainian Boeing 737 with 180 aboard crashes in Iran after take-off

Passengers and crew on board the Ukrainian Boeing 737 plane that crashed shortly after take-off from Tehran on Wednesday were killed, Ukrainian President Volodymyr Zelensky said.”According to preliminary data, all passengers and crew members are dead,” he wrote on Facebook of the Ukraine International Airlines plane, which was bound for Kiev.

Capsicum Re launches aviation reinsurance team

Matt FitzGerald, Managing Partner of the London Property and Specialty division, said: “2019 was a challenging year for the aviation market having suffered from years of declining rates and notable loss activity.However, there were also a number of positive developments: our joint venture partner Gallagher acquired JLT’s global aerospace division, there were a number of new entrants into this class as well as exits and there is an upwards pricing momentum in the aviation market. We are entering this market as we see an opportunity to bring our client focused, holistic entrepreneurial approach to this sector.”