Insurance claims from devastating explosions at the Chinese port of Tianjin last week could exceed initial estimates and strain the finances of regional insurers, credit rating agency Fitch said on Tuesday. Credit Suisse analysts estimated total insurance losses could amount …
The article Tianjin Blast Claims Could Top Estimates and Strain Chinese Insurers: Fitch appeared first on Insurance Journal.
A public-private, cyber-catastrophe reinsurance arrangement would improve the UK’s resilience against the growing threat of cyber risks in this interconnected world, according to a cyber report released this week. Given the fact that the current market for cyber insurance is …
The article Public-Private Catastrophe Scheme in UK Would Help Mitigate Cyber-9/11: Study appeared first on Insurance Journal.
Second of two articles In the first article in this series, Paula Jarzabkowski, professor of Strategic Management at Cass Business School, City University London, discussed the findings of her book on the reinsurance industry, which show that the market is …
The article ART Products Are Changing Reinsurance Industry Norms: ‘Acts of God’ Author appeared first on Insurance Journal.