Tokio Marine’s international P&C profit up 14.2% to US$2.2bn in Q3 FY24
February 14 2025 by Kristina Shperlik
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Chubb Malaysia appoints ex-Olympian Danil Bugakov as P&C head
- February 20
Bugakov, who represented Uzbekistan at the Athens and Beijing Olympic Games, joins having spent over 11 and a half years with Hannover Re.
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Sompo’s domestic P&C falls 39% in adjusted profit to US$299m in Q3 FY24
- February 14
Drop attributed to a rise in accident rates and unit repair costs in motor and the impact of increased company expenses due to upfront investment, offset by base profit improvement in fire.
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Samsung Life seeks regulatory nod to incorporate group P&C arm as subsidiary: reports
- February 14
Insurer approaches Financial Services Commission over a potential incorporation of Samsung Fire & Marine Insurance, according to the Korea JoongAng Daily.
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Commercial rates harden in Taiwan, Japan while rest of Asia declines: Marsh
- February 14
Composite insurance rates in Asia continued a downward trend, declining by 3% in the fourth quarter of 2024, marginally higher than the global average.
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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.
