AM Best downgrades Scor over ‘sizeable’ losses
March 10 2023 by InsuranceAsia News-
Samsung Fire & Marine’s H1 insurance profit down 16% at US$730m
- August 13
South Korea’s largest carrier’s insurance revenue was up 9.4% to US$6.7bn, while reinsurance revenue increased by 89% to US$363m.
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360 Underwriting hires CGU’s Pegah Vaghaye as Australian agencies’ COO
- August 12
Sydney-based Vaghaye will oversee the optimisation of operational processes, integration of new agencies, and digital enablement initiatives.
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State Bank of India mulls listing general insurance arm: reports
- August 11
State-owned lender is planning to IPO SBI General Insurance and SBI Mutual Fund, chairman says.
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MS&AD Holdings’ Q1 profit up 19% to US$1.6bn
- August 11
The Tokyo-headquartered giant reported strong overseas topline growth, domestic business reports no nat cat losses.
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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.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.