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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Beijing hail leads to US$44m insured loss from widespread motor, property damage
- May 16
Local insurers have received at least 45,600 claims, with the majority related to motor, as of May 14, according to the Beijing Financial Regulatory Bureau.
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Swiss Re reports 1.5% price increase at April 1 renewals, grows book to US$2.2bn
- May 16
The rate hikes reported by the reinsurer are in contrast to a 1.7% rate decline reported by Munich Re and a 2.4% decline reported by Hannover Re.
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India’s reforms on hold as IRDAI seeks new chairman: report
- May 16
Debasish Panda completed his three-year term as chairman of the Insurance Regulatory & Development Authority of India (IRDAI) on March 13.
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Tokio Marine Indonesia to sustain strong capital buffers, overall earnings: AM Best
- May 16
AM Best affirmed its insurer rating of A- (excellent) with a stable outlook.
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HSBC Asset Management | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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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’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
