AM Best upgrades Philippine non-life market outlook to stable
May 29 2024 by InsuranceAsia News-
Asian geopolitical threats cast a shadow in boardrooms
- June 11
Demand for political violence coverage continues to increase while reinsurance capacity and appetite are reducing over fears that escalation in the South China Sea could disrupt supply chains and trigger civil unrests.
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Philippine regulator places two local non-life insurers under conservatorship
- June 7
The Premier Life and General Assurance and Travellers Insurance and Surety have received cease-and-desist orders from the Insurance Commission.
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Asian insurance pricing moderates across lines but Japan, Taiwan, Philippines buck the trend: Marsh
- May 6
Japan was the only Asian country that saw price increases in all lines of business, other cat-exposed markets like Taiwan, Philippines and Indonesia saw strong hikes in property classes but saw varying trends in other lines.
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Asia warming faster than global average, hit by 79 weather-related disasters in 2023: WMO
- April 23
Floods and storms are causing the highest number of reported casualties and economic losses, whilst the impact of heatwaves became more severe, according to a report from the UN climate agency.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.