AGCS to open Seoul branch
June 30 2017 by InsuranceAsia News Staff-
Korean Re’s earnings leap 300% aided by new accounting rules
- September 28
The reinsurer also reported100% growth in its underwriting profit of US$159.4m compared with US$79.6m in H1 2022.
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MG Insurance majority owner files fresh lawsuit to stop sale: report
- September 27
Korea Deposit Insurance Corporation had hired Samjeong KPMG to run the sale of the troubled carrier and had set an October 5 deadline for bids.
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Korean non-life premiums to grow 4.4% to US$94bn in 2023: Korean Re
- September 26
The growth will be supported P&C lines including liability and fire with overall premiums expected at rise 7%, the reinsurer said.
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Lotte Insurance’s private equity owner to kick off sale process: report
- September 26
Majority owner JKL Partners has scripted a turnaround for the carrier since a 2019 purchase, but buyers have concerns over whether the robust earnings of carriers under IFRS17 are sustainable.
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WTW | A new way forward: Cutting through Asia’s coal conundrum
With power demand soaring and coal placements declining, fossil fuel plants and insurers must work in tandem to accelerate decarbonisation and ensure the region’s resilience.
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Marsh | Closing the nat cat protection gap with effective physical climate risk mitigation
Climate modelling and risk engineering expertise can help with risk mitigation and insurance affordability.
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Zurich | Designing result-driven embedded insurance propositions
Embedded insurance is more than just a tick in the box, it calls for a hands-on approach involving thoughtful consideration of customer value.
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Peak Re | Unlock the potential of South-East Asia insurance markets
Multiple positive growth drivers underpin optimism about the insurance outlook of the region.