Allianz Trade expands Asia excess of loss business
April 18 2023 by InsuranceAsia News
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KDIC recovers US$125m in public funds from Seoul Guarantee IPO
- March 10
The state-owned Korean Deposit Insurance Corporation sold 10% (6,982,160 shares) of its total issued shares (93.85%) through the listing of Seoul Guarantee, and is expected to sell the remaining equity to recover an additional US$3.4bn.
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Gallagher India bolsters trade credit team with new head
- March 7
Bengaluru-based Bijukumar S., who has developed and managed multiple credit insurance programs across the country, joins the broker as national head of the line.
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Seoul Guarantee prices IPO at bottom end of range to raise US$124m
- March 5
KDIC-owned surety and credit insurer will offer shares at US$17.8 apiece and will start trading on March 14.
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Insurance Authority welcomes ILS pilot grant scheme extension in Hong Kong budget
- February 26
Government extends scheme for insurance-linked securities (ILS) for three years, following 'favourable' response, Financial Secretary Paul Chan says.
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Allianz Life Malaysia | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
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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.
