Korean general insurers strengthen overseas push with Indonesia outreach
December 11 2024 by Joana Nguyen
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Tokio Marine puts Korean reinsurance business in run-off as part of strategic shift
- December 2
Despite this retreat, the company says it remains focused on pursuing bolt-on acquisitions that align with its overseas growth goals.
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Japanese, Korean trade insurers face US$100m+ exposure in Northvolt bankruptcy: report
- November 27
The government-owned credit guarantee agencies NEXI and K-Sure had covered loans to the Swedish battery maker that filed for a Chapter 11 reorganisation in the US.
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KB Insurance sees growth in capital and surplus: AM Best
- November 1
The rating agency has affirmed the financial strength rating of A (excellent)for the South Korean carrier with a stable outlook.
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South Korea’s Construction Guarantee faces stress from growing claims, 2023 COR at 125.36%: Fitch
- October 29
The ratings agency has affirmed the cooperative surety insurer's financial strength rating at A (strong), with a stable outlook.
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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.
