APRA applies additional US$6.6m capital requirement to Pacific International Insurance
November 1 2024 by Joana Nguyen- Underwriting
- Legal/Regulatory
- MGA
- Australia
- Australian Prudential Regulation Authority
- Pacific International Insurance
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Asia insurance rates decline 3% in Q4 2024, driven by cyber and finpro lines: Marsh
- February 5
Cyber rates drop by 11%, while finpro falls 9%, both extending the previous quarterly declines in 2024, according to the latest Global Insurance Market Index by the broker.
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Pacific rates suffer largest drop in Q4 2024, driven by finpro, cyber and property lines: Marsh
- February 5
Finpro premiums fell by 12%, while cyber and property declined by 8%, according to the Global Insurance Market Index.
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Cyber specialist Sync Underwriting launches in Australia with Tokio Marine capacity
- February 3
The MGA, which is part of the Rhodian Group underwriting network, will provide cover for small to mid-sized businesses in the country.
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Sompo promotes Jasmine Chan to senior VP for APAC ceded reinsurance
- January 28
APAC CEO Kenneth Reilly tells IAN Chan has 'an extensive knowledge of Sompo’s product offerings and the APAC market dynamics'.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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.
