APAC and Africa account for 33% of US$120bn global nat cat losses: Munich Re
July 31 2024 by Heather Ng
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MSFC upgraded amid robust capital position, stable underwriting: AM Best
- October 8
Global rating agency upgrades MS First Capital Insurance's (MSFC) rating to A+ (superior) from A (excellent), while its rating outlook was revised to stable from positive.
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ARPC in ‘strong financial position’ despite ‘large scale’ impact of ex-Tropical Cyclone Alfred
- October 8
Australian Reinsurance Pool Corporation suffered an operating deficit of US$587.5m during the 2024-25 financial year, according to its annual report.
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Japanese offshore wind a ‘big opportunity’ for (re)insurers: Tokio Marine
- October 8
Head of marine, hull and energy Hiroyuki Ishijima speaks to InsuranceAsia News about Japan's target of having at least 30-45 gigawatts of offshore wind capacity by 2040.
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Gallagher Insurance NZ acquires Auckland-based brokerage 2Insure
- October 7
Gallagher Insurance New Zealand continues its expansion with the acquisition of the licensed insurance brokerage and financial advice provider, which was founded by David Lim in 2014.
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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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.
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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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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.
