Fitch: Chinese competition to weaken P&C pricing
March 20 2019 by InsuranceAsia News
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China Taiping promotes Yin Zhaojun to chairman
- December 20
Yin, who was previously vice chairman, executive director and general manager, succeeds incumbent Wang Sidong who will retire.
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China’s Qianhai Reinsurance to explore opportunities in capital markets on shareholder support: AM Best
- December 12
The rating agency has affirmed the financial strength rating of “A-” (excellent) and the long-term issuer credit rating of “a-” (excellent) to the Shenzhen-headquartered reinsurer with a stable outlook.
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Rising personal lines prices help stabilise global P&C sector: Moody’s
- December 12
Pricing in China is unlikely to meaningfully improve, especially in motor, due to directives designed to reduce financial pressure on policyholders as well as mispricing risk for EVs.
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China to ‘open up’ to foreign P&C players as part of industry reform action plan
- December 9
The NFRA plan for the industry will also support the development of Hong Kong as an international financial centre.
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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.
