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The global insurance and reinsurance communities are just beginning to grasp the enormity of loss from the March earthquake and tsunami in Japan.

Standard and Poor’s says it believes claims-loss estimates on residential losses to insurers from the recent earthquake in Japan will not be exceeded, but the ratings future of the domestic insurers hinges on whether those estimates are surpassed or not.

Insurance in the Asia-Pacific region faces its own set of business challenges, and insurance technology has evolved along a distinctive path. In a new report, Model Insurer Asia 2011: Case Studies of Effective Technology Use in Insurance, Celent recognizes 18 insurance technology initiatives as model insurer components.

Insurance losses from the explosion and sinking of the Deepwater Horizon oil well are expected to be the largest ever for global offshore energy insurance and reinsurance markets. As claims mount, the public is saying, "Show us the money."

The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said.

The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said, but A.M. Best affirmed the oil rig owner's captive insurer rating despite the losses it faces.

The Burma Campaign UK report also said that after it had applied pressure, some of the world's largest insurance firms, including American International Group, had decided not to provide insurance to

The Burma Campaign UK report also said that after it had applied pressure, some of the world's largest insurance firms, including American International Group, had decided not to provide insurance to