Welcome to My Blog

Here is a masonry blog layout with no sidebar

Climate change heightens key risks for P&C insurance, reinsurance sectors: Moody’s

by | Mar 17, 2018 | ,

“The effects of climate change on the frequency and severity of catastrophic events are difficult to predict, and the correlation of climate-exposed risks that span P&C (re)insurers’ balance sheets increases the magnitude of potential losses arising from the physical and transition risks associated with climate change,” James Eck, a Moody’s Vice President says

GIC Re’s new Lloyd’s Syndicate to begin ops in Apr

by | Mar 16, 2018 | ,

Alice Vaidyan, CMD, GIC Re, said,“The Indian official reinsurer wishes to be the 10th (currently 12th)  largest reinsurer in the world at the end of the current fiscal and the Syndicate formation marks an inflexion point in our corporate history through provision of global business access in collaboration with a globally respected brand and will help us broaden diversification and leverage deployment of capital resources.”

“Munich Re is again poised for growth”

by | Mar 15, 2018 | ,

“Our target for 2018 is slightly higher than the profit guidance for the previous year. Our growth initiatives in reinsurance are benefiting from tailwinds as prices rise. We are investing heavily in digitalisation and are cutting costs to prepare for digital transformation and make Munich Re fit for the future,”Joachim Wenning, Chairman of the Board of Management