IAG reduces aggregate cover and increases retentions in July 1 renewals
July 7 2023 by Mithun Varkey-
Hannover Re books US$40m losses from Japan’s Noto earthquake, plane crash
- May 14
The twin events in Japan accounted for 10% of the reinsurer's large loss budget for the first quarter.
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APAC markets moderating, loss-exposed lines remain challenging: Aon
- May 7
Cat-exposed property across Asia saw limited capacity and renewal price increases but capacity for casualty remained abundant, leading to moderate market conditions, despite concerns of increasing exposures.
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CCR Re’s Africa and Asia FY 2023 GWP increases by 27%
- April 22
The reinsurer saw moderate claims in Asia throughout the year, not affected by big cat events such as typhoons Doksuri in Beijing and Saola in Hong Kong and saw few individual claims in Korea.
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April 1 renewals point to signs of reinsurance market peaking
- April 9
The orderly 1.4 renewals saw a revival in property cat appetite, and modest reductions in rates and easing of conditions, though retentions remain high and per risk and US casualty continue to be hard to place.
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WTW | Building resilience against emerging risks in Asian realty sector
WTW’s Ben MacCarthy, head of real estate, hospitality & leisure, Asia, and Jennifer Tiang, cyber leader, Asia, discuss the real estate industry’s sectoral risk landscape and the emerging role of proptech.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.