Commercial Lines

Recognizing the need for insurance-risk transfer in Caribbean states vulnerable to climate change, Munich Re says it has received permission to launch a program that provides insurance to workers and farmers most likely to suffer from hurricanes and floods in the region.

Recognizing the need for insurance-risk transfer in Caribbean states vulnerable to climate change, Munich Re says it has received permission to launch a program that provides insurance to workers and farmers most likely to suffer from hurricanes and floods in the region.

Japanese insurers could soon be on an equal footing with global competitors with respect to mergers and acquisition activity outside of Japan if a new deregulation plan is approved, according to Moodys.

China's share of the world insurance market has quadrupled in the last 10 years and is set for further growth, helped by a strong economy and better regulation, reinsurance broker Aon Benfield said.

China's share of the world insurance market has quadrupled in the last 10 years and is set for further growth, helped by a strong economy and better regulation, reinsurance broker Aon Benfield said.

After some initial signs of a market turn, airline insurance appears to be showing signs of continued softening as the bulk of the aviation industry seeks year-end renewals, says a report from Aon Risk Solutions.