The China Banking and Insurance Regulatory Commission (CBIRC) has issued new rules that seek to lower life insurance premiums, as the coronavirus infection continues to spread across the country and its neighbours.
The International Association of Insurance Supervisors (IAIS) adopted a comprehensive set of reforms that will enable effective cross-border supervision of insurance groups and contribute to global financial stability.
Arthur J. Gallagher & Co. has increased its stake in London-based Capsicum Reinsurance Brokers LLP to 100% from 33%, the U.S brokerage announced Monday.
You can’t keep climate change out of the headlines these days. From Extinction Rebellion’s protests to Greta Thunberg becoming a household name, it seems an issue that has been a talking point for more than 30 years has suddenly hit fever pitch. Now the question is, what should the insurance industry be doing about it?
“Cyber risk affects almost every aspect of a business today, and it is imperative that organizations evaluate its impact across their value chains to enable strategic risk decisions,” commented Sawyer on his appointment, while he also shared his enthusiasm in leading the cyber risk consulting team.