News
Insurance and reinsurance news coverage, 2018 to 2019.
Cryptocurrency security: someone needs to audit it
Securing new cryptocurrency may soon become just as important as securing people’s identities, cybersecurity expert Tyler Clark-Smith warned. “The biggest threat to…
2019-09-19Reinsurance costs discussed for next year
Colorado’s highly praised reinsurance program — credited with drastically decreasing medical coverage costs one year from now for individuals who buy inclusion…
2019-09-13Devoted Reinsurance Capital: First Half 2019
With most of 2019 reinsurance restorations presently complete, the effect of critical disaster action has advanced from a year prior. Capital inflow…
2019-08-08Why crypto is a great investment ?
A two-month-old investment trend has turned cryptocurrencies into mainstream and investors have flocked to buy the tokens in order to make money.…
2019-08-05Colorado's reinsurance program reduces healthcare premiums
Colorado’s proposed reinsurance program has been approved by federal officials. The governor’s office says that the program could cut healthcare premiums by…
2019-07-23Blockchain solutions in Reinsurance
Blockchain technology can be used to create a new system for reinsurance or agency contracts, allowing reinsurers to decentralize their finances by…
2019-07-19After WizzAir indicated possible data breach should all insurance policies have cyber insurance coverages?
According to recent posts on social media, the Hungarian lowcost airline WizzAir indicates a possible data breach. In the past few hours…
2019-07-17Climate Change, risk to Reinsurance companies
Reinsurance companies face significant potential risks related to the effects of climate change, particularly in the European and Asian regions, according to…
2019-07-16The rise of AI Reinsurance
Everything is being automated today, that is the way of the future. But if you’re not careful, this automation will eventually lead…
2019-07-12Optimazing Reinsurance can save millions
Choosing Reinsurance Treaties is one of the most difficult business tasks in the insurance business. Just a tiny tweak towards optimal reinsurance…
2019-07-08Hedge funds and insurance-linked investments
Insurance-linked securities funds give investors exposure to insurance risk, most often natural catastrophes, through instruments such as catastrophe bonds, collateralized reinsurance and…
2019-07-04Reinsurance renewals and pricing momentum
Mid-year renewals are an important checkpoint for the reinsurance market, particularly for property catastrophe business in Florida, Australia and other peak-exposure regions.…
2019-06-28Swiss Re appoints new chief executive for Asia reinsurance
Swiss Re said it has appointed Tom Fulton as chief executive for Asia Pacific for the company’s reinsurance business. Fulton joined Swiss…
2019-04-25What's the best reinsurance approach?
I see in the ads that almost every insurance company is using a particular model in terms of comparing rates or profitability.…
2019-04-10AI is the “future of employment” for re/insurers
U.S. natural catastrophes and climate change-driven extreme weather poses mounting risks to society and property insurers. This is one of the statements…
2019-03-20Opportunities for insurers in the cannabis market
Legalizing medical cannabis is opening up a marketplace for health insurance companies. According to Business Insider, insurance companies are seeing an uptick…
2019-03-13Munich Re develops insurance for long-term battery performance
Munich Re, the world’s largest reinsurer, has developed a new insurance product for batteries to cover the damage from long-term usage in…
2019-02-20Cyber risk biggest threat to European business as attacks surge
An upsurge in cyber attacks will continue to put pressure on European businesses and expose them to the threat of a critical…
2019-02-05Demand for non-life reinsurance to increase in 2019
Non-life reinsurance market value is forecast to increase at an annualized rate of 5.5 percent from 2018 to 2020, and at a…
2019-01-24L&G Insurance improves pension reinsurance underwriting with blockchain
Legal & General (L&G) Insurance, the General Insurance business of L&G Group plc, has announced the completion of its blockchain trial to…
2019-01-10Lloyd’s must adapt and innovate to remain relevant in the future
Last month, Lloyd’s of London entered the public debate about the future of the global financial industry by publishing a research paper…
2019-01-02Digitalisation is resulting in more customer-centric insurance
Any insurer in the market today must adopt some of the digitalisation trends brought about by the wide range of devices, the…
2018-12-20Cryptoasset insurer BlockRe to launch new risk assessment tool
Cryptoasset exchange BlockRe announced on Wednesday that it would be releasing a new risk-assessment tool in order to reduce investors’ risk with…
2018-12-12Cyber risk a growing concern for re/insurers
Cyber insurance is helping to protect global insurance companies against the risk of cyber breach. But, the impact of data breaches can…
2018-12-05Cyber risk means creating as much transparency as possible
Torsten Jeworrek is the partner and strategic advisor to the Global Software Group (GSG), a leading provider of integrated platform security solutions…
2018-10-25Blockchain isn't understood by insurers
The insurers Standard Chartered, Zurich and Zurich UK said they would begin to pay digital currency companies for claims processing. Last week,…
2018-10-04InsurTech strategies must be implemented
In a new report, “The Future of InsurTech in India”, PricewaterhouseCoopers finds that InsurTech has emerged as a critical technology for the…
2018-10-01“InsurTech is not one size fits all”, says Claude Yoder, Guy Carpenter
HONG KONG – Guy Carpenter & Co., a global reinsurance broker and risk management services provider, has marked the third birthday of…
2018-09-26Risk management company's steps to success
At the risk management company PartnerRe , diversity is a buzzword. Executives talks about greater diversity in terms of better risk judgment…
2018-09-20Re/insurers risk irrelevancy by ignoring cyber
The mismatch between insurers’ business appetite and the risks presented by growing cyber risk could destroy the profitable German group Munich Re…
2018-08-15Growth of sharing economy requires new insurance solutions: Lloyd’s
As the sharing economy emerges as a potential growth driver for the insurance industry, Lloyd’s, the world’s largest market for insurance for…
2018-08-10Digitalization will redefine insurance claims handling
Earning more money may not be the most pressing concern of the consumer insurance industry. Insurers also need to retool their departments…
2018-08-02Reinsurers must innovate to overcome pricing challenges
A new report co-authored by Professor Gary Johnson and data analyst Anne Kremer found that the insurance industry should place a greater…
2018-07-25Steady growth in cyber market but fresh opportunities remain
News of an escalation in the U.S.-China cybersecurity case comes as credit card-linked credit card and debit card transactions are growing faster…
2018-07-20A new reinsurance market norm suggests challenges will persist
In general, reinsurance premiums have been suppressed since the recession because of a lack of demand and an increase in the money…
2018-06-06Climate change making storms worse than expected
As the ground around New York City continues to shift from an unseasonably warm springtime to a fierce late summer day, with…
2018-05-30Upgrading technology is top priority for insurance companies
For as long as insurance companies have had to file claims with agents, one of the fastest ways to provide coverage is…
2018-05-10One third of brokers don't understand cyber risks
One third of Wall Street brokers do not understand cyber risks, according to a poll from consultant firm Josephson Associates. Currently, there…
2018-05-04The importance of marketing in reinsurance
Many companies today either manage their marketing strategy internally or outsource marketing to a third party, such as a market research firm,…
2018-04-10Small- Business Risk: Your Electronic Commerce Wallets.
Are you a business owner who wants to sell your goods and services to a trading partner based across the Atlantic? If…
2018-03-24Climate change possibilities for reinsurers
Climate change presents growth opportunities for reinsurers. It’s raising limits on the amount of money potential losses can absorb, reinsurance industry members…
2018-03-02Hello world! Reinsurance Weekly promises fresh news from the industry
Hello from the team of Reinsurance Weekly! Our team is super excited to grow into becoming one of the insurance industry best…
ArchiveInsurtech growth and loss ratios
Many insurtech start-ups have grown quickly by offering simpler digital experiences, but rapid growth does not always mean profitable underwriting. Loss ratios,…