Market responds to Indonesia’s huge flood risks
September 21 2020 by Yvonne Lau
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Premium growth, economic resilience benefit Indonesian non-life insurers despite underwriting pressures: AM Best
- October 9
The rating agency maintained a stable outlook on Asean country's non-life insurance segment, reflecting expectations of continued premium expansion.
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Indonesia’s new minimum equity thresholds to ‘spur’ consolidation: Fitch
- October 6
Push to raise minimum thresholds for insurers and reinsurers is expected to trigger widespread consolidation as weaker firms could become targets for acquisition, Fitch said in a report.
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Indonesian protests to result in ‘substantial’ losses, but PV market capacity not a concern
- September 9
Claims likely to arise from riot, strikes, civil commotion and malicious damage perils from the protests which started in late August, sources told InsuranceAsia News.
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Product recall cover in the spotlight as US bans Indonesian shrimp over ‘disturbing’ Fukushima radiation link
- September 1
US Food and Drug Administration has cracked down on imports from BMS Foods, but the link with Japan’s nuclear power plant has been questioned.
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Sedgwick | Preparing for the next storm : How the industry is leveraging these times to strengthen readiness and innovation
Asia is no stranger to weather-related events and natural disasters. Earthquake and typhoon activity have impacted several countries across the region this year, the highest profile of which being the events in Myanmar in March, which also caused significant damage in Bangkok. Hong Kong’s new flood prevention infrastructure helped limit the impact of recent typhoons, […]
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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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.
