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1 through 20 of 40 matching documents, best matches first.   Sort by date

Shock Verdicts: Insurers Battle Social Inflation as Jury Awards Reach $300 Billion
Someone had to pay, jurors apparently believed. In this case, it was Beer Belly's Sports Bar, a Texas establishment that gave a man too much to drink. He ran a red light and killed ...
Source: BestWire   Date: January 28, 2022
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Ten Insurers and Reinsurers Join Five Earlier Peers in International Blockchain Initiative
Europe and the Americas." Swiss Re said with B3i, "streamlining communication and transactions could then improve industry processes as well as insurance services to customers," ...
Source: BestWire   Date: February 6, 2017
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Lloyd’s CEO Beale to Address MORO Conference in London
Reinsurance Officials, which runs in London from June 6 to 8. MORO, as the meeting is known, is held every two years by the U.K.-based International Cooperative and Mutual ...
Source: BestWire   Date: May 18, 2016
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Four Insurance CEOs Join Call for 'Macroprudential Policies'
Zurich Insurance Group. Other financial services organizations represented by their chief executives in the statement by the forum included HSBC bank, Deutsche Bank, Standard ...
Source: BestWire   Date: May 19, 2015
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Temasek Selling Entire Stake in New China Life
New China Life Insurance Co. Ltd. Temasek has confirmed the divestment on New China Life, the company told Best's News Service in an email. Temasek held 78 million H shares listed ...
Source: BestWire   Date: July 28, 2014
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New China Life's 2013 Profit Rises 50.8%; Plans to Launch Online Subsidiary
Impairment losses on equity securities decreased to 1.3 billion yuan from 5.3 billion yuan in 2012. The life insurer reported net realized gain from financial assets of 2.9 billion ...
Source: BestWire   Date: March 27, 2014
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Attractive Asia/Pacific Markets Pose Complications for Foreign Players
Holdings (BestWire, Sept. 2, 2010). The global takaful market is projected to grow by 31% in 2011 to a possible value of US$12 billion, representing a growth opportunity for ...
Source: BestWire   Date: August 9, 2011
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Willis Re: Japan Earthquake Losses Not Enough to Stir April Renewals
Willis Re, in the report. The trigger could be another major natural catastrophe loss, inflation, the reversal of back-year reserve releases or wider financial issues affecting ...
Source: BestWire   Date: April 1, 2011
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Comprehensive Solutions to Major Risks Sound Great, but Insurance Works Best With a Custom Approach
School of Risk Management, along with the WEF. The report takes a serious look at some of the more pressing risk issues globally, then considers possible solutions -- quite a task ...
Source: BestWire   Date: January 31, 2011
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Insurers Are Wary as Financial Regulators Consider How to Define Threats to the Global Financial System
Federal Reserve and other central banks. It is currently chaired by Mario Draghi, governor of the Bank of Italy. The board is working on a policy framework to address SIFIs, and ...
Source: BestWire   Date: December 14, 2010
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BestWeek Asia/Pacific: Zurich Financial Seeks Inroads Into Malaysian, Saudi Takaful Markets
Malaysia and Saudi Arabia. A.M. Best Co.'s BestWeek Asia/Pacific is a multimedia online digital newsletter for insurance professionals. The 4 May edition is available at http://...
Source: BestWire   Date: May 3, 2010
World Economic Forum: Systemic Approach to Risk Management Needed
... Greenhill said at the press conference. "The interconnectedness of it was an increasingly important implication of this increasingly globalized economy that we're dealing with." ...
Source: BestWire   Date: January 14, 2010
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Europe's Weather Risk Collaboration a New Approach to Measuring Catastrophe Threats
East Anglia, a key source of climate change research. While climate scientists maintain the e-mails are being misinterpreted, skeptics of man-made climate change claim the contents ...
Source: BestWire   Date: December 7, 2009
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Zurich Looks Into Broader and Deeper Life Expansion in Asia
Mario Greco, CEO of global life insurance at Zurich. Indonesia's life insurance penetration is low at 0.9% in terms of gross domestic product, according to Swiss Re's [85009] sigma ...
Source: BestWire   Date: December 1, 2009
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BestWeek Asia/Pacific: Economic and Regulatory Changes Roil Region's Reinsurance Market
Video reports include a review of the A.M. Best Stock Indexes for Asia/Pacific, Global Brokers and Global Reinsurers and video news updates. For a complimentary subscription, visit ...
Source: BestWire   Date: November 30, 2009
International Reinsurers Flock to Brazil's Newly Privatized Market
International Group, although the latter is in the middle of restructuring. Reinsurance Opening Brazil's reinsurance market was monopolized by the Instituto de Resseguros do ...
Source: BestWire   Date: August 17, 2009
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Data Company Perils Estimates Windstorm Klaus Loss at 1.55 Billion Euros
Windstorm Klaus came to around 1.55 billion euros (1.38 billion pounds). According to Perils, it has published its estimate to provide the insurance market with an illustration of ...
Source: BestWire   Date: May 12, 2009
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European Consortium Creates Catastrophe Risk Company
European catastrophe perils. The new company, Perils, is based in Zurich, Switzerland. A group of eight companies is investing in Perils: Swiss Re, Munich Re, Allianz, Axa, Guy ...
Source: BestWire   Date: February 20, 2009
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Cross-Border Growth is Essential for Many Insurers, But Panic May Ruin the Prospects
... Services Group, Citigroup and the Wharton School Risk Center. According to the report, the financial crisis "exposed a lack of coordination among policymakers, regulators and ...
Source: BestWire   Date: February 2, 2009
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KAMP Re To Pay Out After Katrina Losses
...Wire that a claim had been made to Swiss Re. He added that the claim that had been made was a portion of the coverage provided under the transaction. He also pointed out that KAMP ...
Source: BestWire   Date: November 16, 2007
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