"Whatever the fault that lies behind the collateral issues at Vesttoo, the saga highlights the risk of over-extending the insurance value chain and the under-appreciated importance of carefully managing counterparty credit risk..." https://t.co/I2GX8DxUdU
Legal cases launched in the UK by aircraft leasing firms against insurers over the loss of hundreds of planes stuck in Russia since its invasion of Ukraine now total almost $5.5bn, analysis by The Insurer shows.
https://t.co/m5DnjSOh0C
#insurance#reinsurance
It's easy to wonder how many inadvertent data breaches there could have been across the insurance industry, or near misses, when employees began to experiment individually with ChatGPT:
https://t.co/EEtduYivb3
#insurance#reinsurance#maritime#marineinsurance#chatgpt#ai
The United Arab Emirates is tightening insurance requirements, according to a government advisory, amid growing concerns over ships sailing without top tier cover in the event of an oil spill: https://t.co/yzSwsVc7pi
#insurance#Reinsurance#maritime#marineinsurance
We're pleased to support @WeAreHWF to sponsor a 1 year training course for nurses in Thailand.
Help Without Frontiers provides support along the Thai-Myanmar border to displaced people finding themselves in emergency situations. Find out more or donate at https://t.co/oo8TTh67Gc
Lloyd’s performance management measures continued to bear fruit in 2022 with a significantly improved average combined ratio among the bottom-performing quartile of syndicates, narrowing the gap with the stronger performers in the market...
https://t.co/ysLECzynWZ
4 years after RIMS 2019 in Boston heralded the sudden but prolonged phase of the US commercial insurance hard market, risk managers are gathering in Atlanta to argue their case for the trajectory on pricing, terms and conditions through 2023 and beyond.
https://t.co/55SiAKrQnq
Tigermar UK team recently spent some time "off site" with one of our key clients with the sole view of discussing emerging risks and longer term risk transfer strategy.
If you would like to talk to us about your "renewal after next" please get in touch!
#insurance#strategy
Members of our UK team were treated to a tour of a client's vessel during her repairs after a casualty last year. We believe meeting our clients and understanding their business is invaluable. Our sincere thanks to the Master and his crew for their kind hospitality!
Please join us in welcoming Rup, who is relocating from Singapore to our London office, the London team looks forward to working with you!
#insurance#reinsurance#welcometotheteam
Reinsurers achieved north of 35% rate increases for January 1st 2023 property and catastrophe reinsurance renewals, according to Stonybrook Capital. Read more here:
https://t.co/nqVISmwkLX
#reinsurance#insurance#renewals
After 7 years at the Clifford Centre in the heart of Raffles Place, Tigermar Singapore is moving office! From 1st January 2023 we'll be located at:
St. Andrew’s Centre
250 Tanjong Pagar Road, #10-01
Singapore 088541
#moving#newoffice#relocation#Singapore#packing