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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Envest-owned Epsilon Underwriting acquires marine specialist RedSky Insurance
- July 31
Integration brings together RedSky’s expertise in cargo, stock throughput, commercial hull and marine liabilities with Epsilon’s broader underwriting platform and national reach in Australia.
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Specialist (re)insurance broker Texel signs cooperation agreement with Japan’s Marubeni Safenet
- July 31
Agreement with the inhouse agency of Marubeni Group will strengthen the trade credit specialist's ability to support clients in Japan.
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S&P upgrades Samsung Fire & Marine to AA on stronger capital and rate resilience
- July 31
South Korean insurer will be able to maintain its 'very strong' competitive moat and capital adequacy over the next two years, the rating agency said.
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Kumamoto earthquake losses expected to fall short of 2016 event: Aon
- July 31
Humanitarian impacts are being compounded by severe summer heat, as well as a possibility of additional effects of Super Typhoon Dolphin late next week, the broker said in its weekly report.
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Beazley | Clean marine: How aqua-innovators can ride the energy wave
Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
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PartnerRe | Dementia the protection gap insurers can no longer ignore
Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients.
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Sedgwick | Investing in people is shaping the future of loss adjusting in Asia
Sedgwick Asia says it is ready to meet the evolving challenges of Asia’s dynamic insurance markets.
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PartnerRe | Understanding ageing in APAC: why perception, planning and protection don’t always align
Ageing is shaping finances, family dynamics and insurance needs of the caregiving ecosystem, but current product propositions and underwriting frameworks are not keeping pace with protection needs, finds PartnerRe survey.
