CBIRC to start on-site inspections and tighten oversight of fund use by insurers
December 9 2022 by InsuranceAsia News-
Trade credit insurers expect ‘harder’ market as insolvencies return to pre-Covid highs
- July 15
A 'buyer’s market' prevails as claims have yet to exceed pre-pandemic levels. But rising geopolitical and trade tensions have boosted intra-Asia trade and insurance demand, with some carriers expanding investments in the region.
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Chinese non-life insurers’ investment risks manageble, focus on underwriting results: AM Best
- November 29
Economic recovery and the recent relaxation of solvency-related investment rules support the sector’s “stable” outlook.
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Most Asian economies to see an increase in insolvencies: Allianz Trade
- October 19
Countries set for the largest rises include South Korea, Japan, Australia and New Zealand, but Hong Kong is set to see a decrease in 2024.
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Indian government reneges on capital support to state-owned general insurers: report
- August 28
The government last year provided US$600m in capital to National Insurance, Oriental Insurance and United India Insurance to meet regulatory solvency norms.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.