AM Best upgrades Philippine non-life market outlook to stable
May 29 2024 by InsuranceAsia News
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Yagi third costliest typhoon in Asia with US$1bn insured loss: Munich Re
- December 2
Early estimates of the overall losses from the typhoon season are thought to be around US$22bn, with insured losses of US$2bn, the reinsurer said.
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KRM Reinsurance Brokers elevates Leonard Carreon as assistant vice president
- December 2
Manila-based Carreon has been with the broker since October 2019, most recently serving in the role of senior manager.
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Strong growth in Nat Re’s non-property lines: AM Best
- October 11
The rating agency has affirmed Nat Re’s rating at B++ (good) with a stable outlook, primarily driven by its strong balance sheet.
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Typhoon Krathon’s economic losses likely reach ‘tens of million’ in Taiwan, Philippines
- October 7
The local government in Taiwan's Keelung city estimated that restoration and rebuilding work related to typhoon Krathon will cause US$14.8m according to local media citing city mayor George Hsieh.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
