Articles

Led by India and China,emerging Asia will power global growth:Swiss Re

Eco/Invest/Demography, Life, Non-Life, Reinsurance       Nov 13, 2019

  Insurance markets continue to support resilience, with global premiums forecast to increase by 3 per cent  annually in real terms in 2020 and 2021, despite a slowing world economy.   In its latest sigma, "Sustaining resilience amid slowing growth: global economic and insurance market outlook 2020/21,"...

Climate change: ‘Clear and unequivocal’ emergency, say scientists

A global group of around 11,000 scientists have endorsed research that says the world is facing a climate emergency.   The study, based on 40 years of data on a range of measures, says governments are failing to address the crisis.Without deep and lasting changes, the...

Safer skies but claims and risks grow

Non-Life, Reinsurance       Nov 05, 2019

  The global airline industry has experienced some of its safest years ever in terms of fatal accidents recently, despite a number of crashes. However, the long-term improvement in its risk management record is challenged by a growing number of insurance claims and risks, according to...

Kenyan farmers snap crops with phones to improve insurance payouts

Eco/Invest/Demography, Non-Life       Oct 11, 2019

  MUIRI, Kenya: Farmer Thomas Mwiraria surveyed the parched terrain at a church compound in Muiri village in central Kenya, and asked a passing agricultural officer when he thought the rains would come.   Like many others here, Mwiraria had yet to harvest anything from his land...

Water crises ranked as the topmost risk in India:WEF 

  Executives in the South Asian region ranked “water crises” as the number one risk for doing business in countries in South Asia – the issue rose from fifth place the year before, according to a survey of business leaders published by the World Economic Forum,...

Peter Estlin, Lord Mayor of the City of London

Building Indian Fintech & Cyber Security

Eco/Invest/Demography, Technology       Sep 20, 2019

I have visited India at least once a year – every year! – for the last 20 years.And I am delighted I can continue my visits now, as the Lord Mayor - an international representative for UK financial and professional services which have had their...

Unlocking value for P&C insurers : Advanced analytics may present a crucial way

Non-Life, Technology       Aug 21, 2019

  The latest sigma report from the Swiss Re Institute, "Advanced analytics: unlocking new frontiers in P&C insurance", suggests that technology advances are enabling P&C insurers to unlock new frontiers in risk assessment and mitigation thanks to advanced analytics.   Past successes that focused on improving expense...

7 global trends making engineering & construction projects bigger & costlier than ever

Non-Life, Reinsurance, Risk Management, Technology       Aug 20, 2019

  Johannesburg/London/Munich/New York/Paris/Sao Paolo/Singapore: Large engineering and construction projects have changed beyond recognition in recent decades. Whether it is an airport, a power plant or a car manufacturing complex, sites are now much larger, more complex and more expensive, meaning more is at stake if things...

Closing the infrastructure gap

Eco/Invest/Demography, Risk Management       Aug 19, 2019

  The 2008 Global Financial Crisis left the world in ruins. Inflation, debt and unemployment was everywhere. but there were some regions more resilient than others. A different narrative emerged in Southeast Asia. While growth has slowed among the 10-nation Association of Southeast Asian Nations (Asean)...

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