Allianz’s Asia P&C net earned premium grows 30%, COR up at 98.1%
February 17 2023 by Mithun Varkey
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Hong Kong’s Nova Insurance posts 10.8% FY revenue growth
- September 29
The broker saw an uplift in PI and trade credit lines and reported revenues of US$14.1m during the year until the end of June.
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Korean Re’s earnings leap 300% aided by new accounting rules
- September 28
The reinsurer also reported100% growth in its underwriting profit of US$159.4m compared with US$79.6m in H1 2022.
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Hotai Insurance removed from ‘under review’ as Covid claims’ situation improves: AM Best
- September 18
With pandemic claims stabilising, a capital injection and a recovery in investments, the Taiwanese P&C player released reserves during H1 2023 helping the firm to a US$37.5m profit.
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Lloyd’s new consortia wording to bring London market flavour to APAC
- September 8
Allowing service companies to aggregate capacity like in London will facilitate local access to specialist products, larger line sizes and more efficiency in the region.
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WTW | A new way forward: Cutting through Asia’s coal conundrum
With power demand soaring and coal placements declining, fossil fuel plants and insurers must work in tandem to accelerate decarbonisation and ensure the region’s resilience.
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Marsh | Closing the nat cat protection gap with effective physical climate risk mitigation
Climate modelling and risk engineering expertise can help with risk mitigation and insurance affordability.
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Zurich | Designing result-driven embedded insurance propositions
Embedded insurance is more than just a tick in the box, it calls for a hands-on approach involving thoughtful consideration of customer value.
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Peak Re | Unlock the potential of South-East Asia insurance markets
Multiple positive growth drivers underpin optimism about the insurance outlook of the region.
