Insurance Roundup, July 13, 2017

Global Risk Insights

Claims Journal

  • Business News: Assurant, ISO, CoreLogic

    on 2017-07-13 at 09:52Assurant Announces $1.36 Billion 2017 Property Catastrophe Reinsurance Program Assurant, Inc., a global provider of risk management solutions, announced it has finalized a $1.36 billion property catastrophe reinsurance program, reducing the company’s financial exposure and enhancing its […]

  • Takata Adding 2.7M Cars to Airbag Inflator Recall

    on 2017-07-13 at 09:46Takata is adding 2.7 million vehicles from Ford, Nissan and Mazda to the long list of those being recalled to replace potentially dangerous airbag inflators. The inflators are a new type that previously was thought to be safe. Vehicles affected … […]

  • Medical Marijuana Seen as Alternative to Opioids in Workers’ Comp Cases

    on 2017-07-13 at 09:22As a result of the types of workers’ compensation accidents and injuries that occur, case managers often see a significant number of chronic pain cases vulnerable to opioid abuse and addiction. A recent study found that three out of every … […]

  • Wisconsin Appeals Court Upholds $39M Verdict in Parking Garage Death

    on 2017-07-13 at 09:21The Wisconsin Court of Appeals has upheld a $39 million jury verdict against the builder of a Milwaukee parking garage where a 15-year-old boy was killed in 2010 when a concrete slab fell. A 13-ton panel that fell in a … […]

  • Engagement, Good Goals Aid in Creating Safety Culture

    by Denise Johnson on 2017-07-12 at 17:49A team environment among all levels of staff that adheres to the same safety procedures and practices must be in place in order to create a safety culture that will prevent workplace accidents and injuries, said Vik Ramaswamy, risk control … […]

Insurance Journal

Asia Insurance Review

  • China: Ping An hunts for FinTech in Singapore, Israel, US

    on 2017-07-13 at 20:43Ping An Insurance Group, China’s largest insurer by market value, is scouting for FinTech and healthcare assets in the US, Israel and Singapore, as it looks to use a US$1 billion investment fund, reported Reuters citing a senior company executive. […]

  • India: Govt sounds alarm over underwriting practices

    on 2017-07-13 at 20:43The Indian government, concerned about the health of the insurance industry in the country, has directed all state-owned general insurers to strictly adhere to prudent underwriting practices. […]

  • Agents reign! 12 winners from seven markets sweep the 2nd Asia Trusted Life Agents & Advisers Awards

    on 2017-07-13 at 20:43A company which has served the Singapore community since 1931. A young Malaysian who at all of 28 years has led his 100-strong team to stellar sales. A “Doctor of Insurance” who earnestly does his part to repopulate forests in Thailand. An Indian housewife with little prior knowledge of the […]

  • Australia: Mindset change a must to grow crop insurance

    on 2017-07-13 at 20:43Many farmers in Australia have said that they want crop insurance policies that run for three to five years so they can go with confidence to their banks. This would however require a change of mindset in the insurance industry, according to the Director of Agribusiness with UK insurance broker […]

  • Nepal: Premium for terrorism, strike cover to be cut wef 16 July

    on 2017-07-13 at 20:43Nepal’s insurance regulator will lower insurance premiums against combined risks from terrorism, strikes and malicious damages with effect from 16 July, the first day of the next fiscal year for the country. […]

Canadian Underwriter

Canadian Insurance Top Broker

Insurance Business Magazine – US


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