International Association for the Study of Insurance Economics

AM Best to Participate at the International Association of Insurance Supervisors’ Global Seminar

Retrieved on: 
Thursday, May 25, 2023
Other Professional Services, Professional Services, Insurance, International Association of Insurance Supervisors, IAIS, ALL, Swiss Insurance Association, Holzberger, International Association, PDT, Clement Cheung, International Association for the Study of Insurance Economics, Vulnerability and Risk Committee, AM, Horizon, News

AM Best Chief Rating Officer Stefan Holzberger will participate in a panel discussion at the International Association of Insurance Supervisors (IAIS) Global Seminar, which will take place June 15-16, 2023, in Seattle.

Key Points: 
  • AM Best Chief Rating Officer Stefan Holzberger will participate in a panel discussion at the International Association of Insurance Supervisors (IAIS) Global Seminar, which will take place June 15-16, 2023, in Seattle.
  • Holzberger’s portion of the panel discussion will explore standard-setting practices and how to assess and respond to market developments.
  • Joining Holzberger will be Jad Ariss, managing director, Geneva Association; Susan Neely, president, Global Federation of Insurance Associations; and Clement Cheung, chair, IAIS Audit and Risk Committee and CEO of Hong Kong’s Insurance Authority.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Insurers are rising to the world's social sustainability challenges, says The Geneva Association

Retrieved on: 
Thursday, November 10, 2022
USD, Carbon, Risk, International Association for the Study of Insurance Economics, Association, Silent Scope 3, Chief executive officer, Silent Scope 2, Role, Gaps, Industry, Insurance, Healthcare, Risk management

The Geneva Association estimates that insurers contribute USD 55.5 trillion per year to global financial resilience through insurance claims and benefit payouts.

Key Points: 
  • The Geneva Association estimates that insurers contribute USD 55.5 trillion per year to global financial resilience through insurance claims and benefit payouts.
  • The Geneva Association report puts forward an innovative framework for insurers to assess their 'social footprint', inspired by the Greenhouse Gas Protocol's approach to carbon emissions disclosure:
    Scope 1 is an insurer's social impacts on its employees.
  • The author of the report, Kai-Uwe Schanz, Deputy Managing Director and Director of Socio-economic Resilience at The Geneva Association, said: "The report recommends insurers to adopt a three-tier approach to managing social sustainability.
  • The Geneva Association is the only global association of insurance companies; its members are insurance and reinsurance CEOs.

New era of cyber risks calls for a novel approach to insurance

Retrieved on: 
Monday, November 7, 2022
Awareness, Research, Growth, Time, Internet, Industry, Solution, Human, International Association for the Study of Insurance Economics, Swiss Re, Language, Marginal cost, PPP, Interview, Risk, Partnership, Reproduction, Climate change, Insurance, McAfee, Policy, Association, Crime, Risk management, Swiss

This new risk era requires a different approach to cyber insurance, a new Swiss Re Institute study suggests.

Key Points: 
  • This new risk era requires a different approach to cyber insurance, a new Swiss Re Institute study suggests.
  • The human and networked nature of cyber means the risk will continually evolve and require a coordinated response.
  • John Coletti, Head Cyber Reinsurance at Swiss Re: "The cyber insurance market has tremendous growth potential.
  • The key findings from the Swiss Re Institute's publication on the cyber insurance market are:
    Rising frequency and severity of cyberattacks has been a main driver of cyber insurance market growth.

Transamerica Appoints Maurice Perkins as Chief Corporate Affairs Officer

Retrieved on: 
Tuesday, September 20, 2022
Trustee, Health, National Association of Insurance Commissioners, Employment, ACLI, American Council of Life Insurers, Longevity, Columbia University, Investment Company Institute, Organization, Growth, Public policy, Corporate Affairs, Policy, Climate change, Ithaca College, History, Amy Finkelstein, Senate, CEO, United Kingdom, Freedom House, Euronext Amsterdam, Solution, Dan Sullivan (U.S. senator), Leadership, International Association for the Study of Insurance Economics, Democracy, Insurance, Health and Retirement Study, Board, Retirement, Research, Aegon, New, Association, Exide Life Insurance, American Council, National Association, Education, Management, Public relations, Transamerica, The Hague

BALTIMORE, Sept. 20, 2022 /PRNewswire/ -- Transamerica has appointed Maurice Perkins as its first Chief Corporate Affairs Officer.

Key Points: 
  • BALTIMORE, Sept. 20, 2022 /PRNewswire/ -- Transamerica has appointed Maurice Perkins as its first Chief Corporate Affairs Officer.
  • The company created its new Corporate Affairs function to advance thought leadership, global government affairs, corporate communications, and brand engagement.
  • As Chief Corporate Affairs Officer, Mr. Perkins will be responsible for strategies that support and enhance Transamerica's corporate values, brand, and engagement with internal and external stakeholders.
  • Mr. Perkins adds these new roles to his portfolio which includes leading Global Government and Policy Affairs for Aegon and Transamerica.

InShare and Skyward Specialty Unveil A Tailored Occupational Accident Insurance Product for the Gig Economy

Retrieved on: 
Wednesday, June 15, 2022
Other Professional Services, Insurance, Other Transport, Trucking, Professional Services, Technology, Apps, Applications, Transport, Solution, Transaction, Contract, Industry, Gallup, Three Mile Island accident health effects, Technology, General agent, CEO, Lyft, Injury, Company, Insurance, DoorDash, Growth, Uber, Surety, International Association for the Study of Insurance Economics, MGA, P&C, Workforce, Partnership, CG Power and Industrial Solutions, Ridesharing, Employment, Transport, AM Best, Organization, Upwork, Ridesharing company, Health insurance, Program

Managing General Agent (MGA) InShare and Skyward Specialty Insurance Group Inc. ("Skyward Specialty") today announced the launch of an occupational accident insurance offering for independent workers across a number of segments, including trucking, rideshare and gig delivery.

Key Points: 
  • Managing General Agent (MGA) InShare and Skyward Specialty Insurance Group Inc. ("Skyward Specialty") today announced the launch of an occupational accident insurance offering for independent workers across a number of segments, including trucking, rideshare and gig delivery.
  • "InShare is pioneering insurance products that are specifically designed for the gig economy.
  • Skyward Specialty is a growing specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis.
  • Skyward Specialty's subsidiary insurance companies consist of Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company.

Geneva Association General Assembly appoints 4 new Board members; organisation highlights sustainability as top priority for the insurance industry as it becomes a supporting institution to UNEP-FI's Principles for Sustainable Insurance

Retrieved on: 
Tuesday, June 7, 2022
People, AIG, Association, Insurance, Chief executive officer, People's Insurance Company of China, Board of directors, Christian Mumenthaler, ESG, CEO, Nippon Life, Gaps, Investment, PSI, International Association for the Study of Insurance Economics, Principle, COVID-19, 49th General Assembly of Nova Scotia, Industry, Board, General assembly, Climate change, Social inequality, Management, Pharmaceutical industry, Swiss Re, Aegon

The Geneva Association's 49th General Assembly brought together 57 global insurance CEOs over 23 June in Venice, Italy.

Key Points: 
  • The Geneva Association's 49th General Assembly brought together 57 global insurance CEOs over 23 June in Venice, Italy.
  • Recent shocks like the COVID-19 pandemic and war in Ukraine have catalysed institutions to hone their ESG agendas for maximum impact.
  • I also warmly welcome Lard Friese, Xi LUO, Hiroshi Shimizu and Peter Zaffino to the Geneva Association Board of Directors.
  • The Geneva Association is the only global association of insurance companies; its members are insurance and reinsurance CEOs.

Geneva Association General Assembly appoints 4 new Board members; organisation highlights sustainability as top priority for the insurance industry as it becomes a supporting institution to UNEP-FI's Principles for Sustainable Insurance

Retrieved on: 
Tuesday, June 7, 2022
People, AIG, Association, Insurance, Chief executive officer, People's Insurance Company of China, Board of directors, Christian Mumenthaler, ESG, CEO, Nippon Life, Gaps, Investment, PSI, International Association for the Study of Insurance Economics, Principle, COVID-19, 49th General Assembly of Nova Scotia, Industry, Board, General assembly, Climate change, Social inequality, Management, Pharmaceutical industry, Swiss Re, Aegon

The Geneva Association's 49th General Assembly brought together 57 global insurance CEOs over 23 June in Venice, Italy.

Key Points: 
  • The Geneva Association's 49th General Assembly brought together 57 global insurance CEOs over 23 June in Venice, Italy.
  • Recent shocks like the COVID-19 pandemic and war in Ukraine have catalysed institutions to hone their ESG agendas for maximum impact.
  • I also warmly welcome Lard Friese, Xi LUO, Hiroshi Shimizu and Peter Zaffino to the Geneva Association Board of Directors.
  • The Geneva Association is the only global association of insurance companies; its members are insurance and reinsurance CEOs.

Christian Mumenthaler, CEO of Swiss Re, appointed Chairman of The Geneva Association

Retrieved on: 
Monday, November 15, 2021
Intact Financial, Climate change, Amanda Blanc, Industry, International Association for the Study of Insurance Economics, Geneva, Leadership, Christian Mumenthaler, CEO, Insurance, COVID-19, Research, Association, Board, AIA, Risk management, Chief executive officer, Management

ZURICH, Nov. 15, 2021 /PRNewswire/ -- The Geneva Association announces today that Christian Mumenthaler, CEO of Swiss Re, was appointed the new Chairman of the organisation at its 10 November Board meeting. Christian Mumenthaler, who has been Vice Chairman since November 2019, succeeds outgoing Chairman Charles Brindamour, CEO of Intact Financial, who remains on the Board. Lee Yuan Siong, Chief Executive & President of AIA, was appointed Vice Chairman.

Key Points: 
  • ZURICH, Nov. 15, 2021 /PRNewswire/ -- The Geneva Association announces today that Christian Mumenthaler, CEO of Swiss Re, was appointed the new Chairman of the organisation at its 10 November Board meeting.
  • Christian Mumenthaler, who has been Vice Chairman since November 2019, succeeds outgoing Chairman Charles Brindamour, CEO of Intact Financial, who remains on the Board.
  • Lee Yuan Siongcommented: "It is an honour to be appointed Vice Chairman of The Geneva Association.
  • The Geneva Association is the only global association of insurance companies; its members are insurance and reinsurance CEOs.

Christian Mumenthaler, CEO of Swiss Re, appointed Chairman of The Geneva Association

Retrieved on: 
Monday, November 15, 2021
Intact Financial, Climate change, Amanda Blanc, Industry, International Association for the Study of Insurance Economics, Geneva, Leadership, Christian Mumenthaler, CEO, Insurance, COVID-19, Multimedia, Research, Association, Board, AIA, Risk management, Chief executive officer, Management

ZURICH, Nov. 15, 2021 /PRNewswire/ -- The Geneva Association announces today that Christian Mumenthaler, CEO of Swiss Re, was appointed the new Chairman of the organisation at its 10 November Board meeting. Christian Mumenthaler, who has been Vice Chairman since November 2019, succeeds outgoing Chairman Charles Brindamour, CEO of Intact Financial, who remains on the Board. Lee Yuan Siong, Chief Executive & President of AIA, was appointed Vice Chairman.

Key Points: 
  • ZURICH, Nov. 15, 2021 /PRNewswire/ -- The Geneva Association announces today that Christian Mumenthaler, CEO of Swiss Re, was appointed the new Chairman of the organisation at its 10 November Board meeting.
  • Christian Mumenthaler, who has been Vice Chairman since November 2019, succeeds outgoing Chairman Charles Brindamour, CEO of Intact Financial, who remains on the Board.
  • Lee Yuan Siongcommented: "It is an honour to be appointed Vice Chairman of The Geneva Association.
  • The Geneva Association is the only global association of insurance companies; its members are insurance and reinsurance CEOs.

EQS-News: Baloise is one of the most innovative Swiss insurance companies of 2021

Retrieved on: 
Friday, November 12, 2021
Safety, University, SIX Swiss Exchange, Heart, CEO, Touring Club Suisse, Institute, International Association for the Study of Insurance Economics, Microsoft, Association, Solution, Partnership, Economics, University of St. Gallen, Group, API, Health insurance

Baloise has secured second place at the 2021 Swiss Insurance Innovation Awards.

Key Points: 
  • Baloise has secured second place at the 2021 Swiss Insurance Innovation Awards.
  • Baloise secured second place at yesterday's 2021 Swiss Insurance Innovation Awards, once again being recognised as one of Switzerland's most innovative insurance companies.
  • 'I am very proud that our employees have been singled out for their exceptional innovativeness and that Baloise has again been named as one of the most innovative Swiss insurers,' said Michael Mller, CEO of Baloise Switzerland.
  • The Group offers innovative pension products to private customers throughout Europe from its competence centre in Luxembourg.