The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insuranc...
Sri Lanka: Non-life insurers' performance to weaken on ceding all strike, riot & terrorism premiums to reinsurer
A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, civil commotion and terrorism...
A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, civil commotion and terrorism...
Article / 3 months ago
SIRC Daily - Day 3
Pandemic risk is invisible, triggering both a collective and individual sense of fear and vulnerability...
Pandemic risk is invisible, triggering both a collective and individual sense of fear and vulnerability...
Article / 3 years ago
SIRC Daily - Day 2
The purpose of (re)insurance is to make the world more resilient - but when it comes to cyber and pandemics, the industry cannot carry the risk by itself
The purpose of (re)insurance is to make the world more resilient - but when it comes to cyber and pandemics, the industry cannot carry the risk by itself
Article / 3 years ago
SIRC Daily - Day 1
As the world changes in profound ways, so is risk. Climate change, pandemic events, and cyber attacks are some of the threats we all now have to consider in new and innovative ways....
As the world changes in profound ways, so is risk. Climate change, pandemic events, and cyber attacks are some of the threats we all now have to consider in new and innovative ways....
Article / 3 years ago
Japan: Tokio Marine to sell terrorism insurance ahead of the Olympics
Tokio Marine & Nichido Fire Insurance will sell insurance policies starting next month that will cover damage to facilities resulting from terrorism and violent demonstrations...
Tokio Marine & Nichido Fire Insurance will sell insurance policies starting next month that will cover damage to facilities resulting from terrorism and violent demonstrations...
Article / 4 years ago
Australia: Terrorism pool expands retrocession programme for 2020
Australia's terrorism insurance scheme, Australian Reinsurance Pool Corporation (ARPC), has renewed its retrocession reinsurance...
Australia's terrorism insurance scheme, Australian Reinsurance Pool Corporation (ARPC), has renewed its retrocession reinsurance...
Article / 4 years ago
Myanmar: Govt denies JV rules were changed
The Ministry of Planning and Finance (MoPF) asserts that there have been no last-minute policy changes to rules governing joint ventures between local and foreign...
The Ministry of Planning and Finance (MoPF) asserts that there have been no last-minute policy changes to rules governing joint ventures between local and foreign...
Article / 5 years ago
Sri Lanka: Terror victims wait for pending insurance pay-outs
Following the terror attacks in Sri Lanka in April which killed at least 290 people and left more than 500 injured, insurance claimants affected...
Following the terror attacks in Sri Lanka in April which killed at least 290 people and left more than 500 injured, insurance claimants affected...
Article / 5 years ago
Australia: Treasury recognises effective management of terrorism reinsurance scheme
Australian Reinsurance Pool Corporation (ARPC) chief executive Dr Christopher Wallace has welcomed the performance audit report from Australian National Audit Office (ANAO) following...
Australian Reinsurance Pool Corporation (ARPC) chief executive Dr Christopher Wallace has welcomed the performance audit report from Australian National Audit Office (ANAO) following...
Article / 5 years ago
Sri Lanka: Insurance fund to provide advance pay out following terror attacks
Sri Lanka's National Insurance Trust Fund (NITF) has decided to provide Rs. 25m ($0.14m) in advance insurance claims to The Kingsbury and Cinnamon...
Sri Lanka's National Insurance Trust Fund (NITF) has decided to provide Rs. 25m ($0.14m) in advance insurance claims to The Kingsbury and Cinnamon...
Article / 5 years ago
