ICA eyes cost of SME commercial lines
September 21 2021 by InsuranceAsia News-
Allianz Commercial names Young Jeong Lee as head of financial lines, Korea
- July 11
Lee joined from Samsung Fire & Marine, where he worked 12 years as a senior professional in its finance and energy department and global strategy department.
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Korea to provide US$2bn trade insurance as “AI supercycle” looms: report
- July 4
South Korea's Trade, Industry and Energy Minister Ahn Deok-geun said that the demand for power from AI utilisation has boosted the power device market in a supercycle through which the country can bolster its exports.
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Korean battery plant fire claims likely to leave reinsurers unscathed
- June 27
The primary insurers, KB Insurance and DB Insurance, are expected to retain the losses from the blaze at the Aricell unit as property and liability claims are expected to be relatively low, InsuranceAsia News understands.
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HDI Global combines ANZ commercial, specialty leadership with Stefan Feldmann in charge
- June 26
Feldmann has been handed the additional charge after Mark Fleiser left the business following an organisational restructure in the region.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.