ARPC declares cyclone event as Ilsa upgraded to category 5
April 13 2023 by InsuranceAsia News
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GIAJ calls for revision of reserve rates for fire insurance policies
- July 16
A review of catastrophe contingency reserve system is critical in light of rising nat cats losses, the industry body says.
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ICNZ calls for proactive approach on climate adaptation
- July 16
The council has urged the government to take a leadership role on climate adaptation and build New Zealand’s resilience against the impact of climate change on lives and property.
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Asia carriers looking to extend renewables capacity as projects soar
- July 11
Large and complex regional projects exposed to nat cat risks could still find it hard to secure insurance as they require specialist underwriting expertise from London markets.
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Pacific Islands captive PCRIC’s FY2023 net underwriting profit down 5%
- July 8
Thanks to a World Bank grant support it recorded a US$1.4m surplus for the year. The company sold a total of eight policies while incurring zero claims.
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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.
