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The introduction of insurance open protocol reporting (IOPR) can benefit the whole industry, according to Michael Hamer partner & senior analyst at Albourne Partners. 11 October 2019
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Alternative capital is a misleading name given how integral to the market ILS capital has now become, according to Kevin O'Donnell president & CEO of RenaissanceRe Holdings. 10 October 2019
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Disaster management in many places must be upgraded, according to Tim Brown, research professor and climatology director at the Division of Atmospheric Sciences of the Desert Research Institute in Nevada. 10 October 2019
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Future hurricane seasons could see an increase in the number and severity of storms, according to a presentation at Convergence 2019. 10 October 2019
ILS
ILS is no longer seen as a threat to traditional capital, according to Kathleen Faries, the chair of ILS Bermuda. 10 October 2019
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Super Typhoon Hagibis is closing in on Japan as it moves northwards with maximum sustained wind speeds of 129 mph, according to the Japan Meteorological Agency (JMA), or 161 mph according to the Joint Typhoon Warning Center (JTWC). 10 October 2019
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The European Union’s Economic and Financial Affairs Council (ECOFIN) has removed the Republic of the Marshall Islands (RMI) and the United Arab Emirates (UAE) from the EU's list of non-cooperative jurisdictions for tax purposes. 10 October 2019
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Bermuda Stock Exchange president and CEO Greg Wojciechowski has been reelected to the board of the World Federation of Exchanges, serving a second term as the representative of the Americas region. 10 October 2019
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AXA XL has launched an ocean protection education campaign that will involve major local supermarkets. 10 October 2019
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Catalina Holdings has committed £5 million to the British Lung Foundation to accelerate research into mesothelioma, an aggressive form of lung cancer related to asbestos exposure. 10 October 2019
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