Asian casualty rates softening but underwriters wary of spike in claims
January 31 2024 by Georgina Lee and Kristina Shperlik- Analysis
- Casualty
- Non-life
- P&C
- Australia
- Asia Pacific
- United States
- Vietnam
- Allianz
- Allianz Commercial
- BHSI
- WTW
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Japanese big 3 results bolstered by overseas business, weak yen
- May 21
The Japanese insurers' international subsidiaries reported strong performance in 2023 due to steady rate increases, while domestic growth remained muted despite fire and motor premium hikes and lower cat losses.
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UN climate alliance’s second try takes consultative, multi-industry approach
- May 16
The newly formed Forum for Insurance Transformation comprises (re)insurers, brokers, law firms, regulators, scientists and climate experts to drive net-zero transformation.
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Singapore’s ‘forever chemicals’ ban highlights growing momentum for claims exclusions
- May 15
The city state will ban the use of certain PFAS chemicals from February 2025, those used in fire-fighting foams from 2026, according to the National Environment Agency.
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Battery risks extend EV insurance’s frontier into product liability
- May 14
The heightened risks of fire and explosions associated with the use of lithium-ion batteries are forcing (re)insurers to rethink the way they approach their motor insurance business.
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WTW | Building resilience against emerging risks in Asian realty sector
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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.