AM Best downgrades Pakistan’s EFU following sovering rating downgrade
August 18 2023 by InsuranceAsia News
-
India-Pakistan tensions put pressure on pricing, capacity as carriers remain cautious
- May 13
Market is unlikely to face significant losses due to limited appetite for risks associated with high exposure near the border region, says industry expert.
-
Blue Marble plans Asia expansion to bring insurance to the underserved
- August 30
Through public-private partnerships, developing prototypes on the ground and using AI as a way to enhance pricing and modelling, the parametric insurtech is expanding its programs in the region which its CEO Jaime de Pinies describes as a "patience game".
-
Election-packed 2024 revs up appetite for political risk cover
- January 24
While the appetite for global programs has significantly reduced, single-country appetite remains relatively deep and is expected to see a boost in the product’s popularity over the coming months.
-
Indian insurers count cost of ‘widespread’ Cyclone Biparjoy damage
- June 20
IAN understands there is damage to property and goods at industrial zones, processing plants and ports, as IRDAI urges carriers to 'fast-track' smaller claims.
-
Peak Re | From climate modelling to market opportunity: forging a new clarity on Southeast Asia’s climate risk
With the insurance industry facing an inflection point, the new imperative is seen as becoming active creators of risk intelligence.
-
BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
-
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.
-
Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
