Allianz Asia Pacific’s property & casualty FY2023 operating profit up 26%
February 26 2024 by InsuranceAsia News- Casualty
- P&C
- Property & Casualty
- Results
- Asia Pacific
- China
- Malaysia
- Singapore
- Thailand
- Allianz
- Allianz Commercial
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1.1 property renewals to be stable, casualty rates may harden: AM Best
- November 21
The outlook for the segment remains positive, however, adverse reserve developments weigh on the liability market.
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Trebling of ‘nuclear’ verdicts in US challenges liability underwriters: Allianz
- November 20
Apart from social inflation, the increasing complexity of pharma class actions, PFAS litigation and the growth of collective redress outside of the US are among the other trends creating difficulties for carriers, according to the report.
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AIG Singapore promotes Vanessa Yeo to head of casualty
- November 20
Before assuming her new role, Yeo was casualty lead for the broker distribution channel.
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US exposures, climate change, pricing challenges weigh on APAC casualty underwriters
- November 15
The casualty market faces challenges in predicting risks due to global interconnectedness and emerging threats like PFAS and cyber.
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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.
