AM Best expects Korea P&I Club’s ‘underwriting fundamentals’ to improve; affirms ratings
August 18 2023 by Andrew Tjaardstra
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NorthStandard to implement 5% premium increase for 2025-26 renewal
- November 19
The hike would apply to all P&I members, although each renewal would be agreed individually based on a review of claims and risk exposure.
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Skuld announces 5% general increase for 2025 renewal
- November 11
Any adjustments to the International Group of P&I Clubs excess of loss reinsurance programme will be added separately.
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Steamship sets benchmark for P&I clubs with 5% general increase for 2025 renewal
- October 31
The IG P&I club has also announced a capital distribution of 12.5% of the 2024-25 mutual P&I premium to its members who renew in 2025.
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NZ’s Maritime Mutual clarifies its coverage of dark-fleet tanker involved in fire ceases on violation of sanctions
- October 28
The Lloyd's backed P&I club that is believed to be the insurer to tanker that caught fire off Malaysian coast in July, said in a statement said that no payment is made to any party to a claim it would breach international sanctions.
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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.
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PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
