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- November 19 2021
Asia’s insurers set for inflation uplift
Claims will increase but rising prices and market growth will outweigh costs.
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- November 18 2021
KB Insurance’s underwriting boosted by fewer claims: AM Best
The firm is South Korea’s fourth-largest non-life insurer with a market share of around 13%.
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- November 18 2021
APAC insurers should curb coal to avoid legal threat: Moody’s
Climate change-linked lawsuits against companies in carbon intensive industries have increased in recent years.
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- November 18 2021
SIRC 2021: Can climate disasters be tamed?
Experts from Allianz Re, Aon, Descartes Underwriting and SEADRIF discussed the impact of floods, droughts and wildfires.
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- November 18 2021
SIRC 2021: Improved data opens door for better products
Aon, Swiss Re and Perils experts say past data sets need to be combined with new risk models.
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- November 17 2021
China, India and Indonesia to see non-life headwinds: AM Best
The rating agency said in a SIRC briefing that Covid-19 and low interest rates are common causes.
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- November 17 2021
SIRC 2021: Nature-based solutions offer long-term returns
Climate change mitigation could generate financial returns of up to US$25bn per year across Asia.
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- November 17 2021
US$22bn needed to protect coastal communities: ICA
The figure accounts for around 1.2% of all annual infrastructure spending by local, state and federal governments.
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- November 17 2021
SIRC 2021: ESG critics too pessimistic, says Swiss Re’s Higginbotham
The regional president for Asia is optimistic that the industry is on the right path.
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- November 17 2021
AM RE’s Barder sees ‘significant tailwinds’ for 2022 pricing
The US reinsurance intermediary's chief executive says global cat losses have contributed to a lack of capacity.
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- November 17 2021
SIRC 2021: Pandemic BI cover needs ‘government support’
Experts say (re)insurers do not have the balance sheets to sustain the magnitude of Covid-19 losses.
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- November 16 2021
SIRC 2021: Culture change needed for digital transformation
Experts discussed ways the traditionally risk averse (re)insurance industry can be shaken up.
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- November 16 2021
SIRC 2021: Break siloes to harness Asia cat data
As the volume of data rises, experts say overcoming internal company challenges will be the key to effective usage.
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- November 16 2021
SIRC 2021: (Re)insurers urged to address data ethics
An expert panel discussed the issues of (re)insurers' increased use of data analytics and artificial intelligence.
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- November 16 2021
SIRC 2021: Swiss Re’s Ojeisekhoba talks climate risk, pricing
Conference told that the risk from secondary perils has increased in recent years.
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- November 16 2021
Gallagher senior appointments target Asia growth
Thomas Wang and Leng Leng Ng take on leadership roles for North Asia and Singapore.
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- November 16 2021
Health, personal accident drive Vietnam’s non-life market: AM Best
Intense competition and poor pricing conditions have prompted some insurers to reassess their motor business.
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- November 15 2021
SIRC 2021: Lloyd’s chair calls for action on sustainability
Bruce Carnegie-Brown says measured but urgent action will help mitigate the region's multiplying risks.
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- November 15 2021
SIRC 2021: Singapore finance minister backs ILS
Lawrence Wong also urged delegates to act on climate change and support the nascent cyber market.
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- November 15 2021
Swiss Re: Why sustainability and health should be shared priorities for (re)insurers
Russell Higginbotham, Swiss Re's CEO Reinsurance Asia, discusses the impact of climate change for life and health (re)insurers in the region.
