Asian P&C carriers hit by falling profitability and slowing premium growth: McKinsey
November 6 2023 by InsuranceAsia News
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Tokio Marine’s Q1 results handed domestic nat cats boost, strong overseas results
- August 7
Domestic COR improved by 13.3 points to 86.2% in Q1 FY25, while international non-life businesses' topline grew 4.3% year on year.
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Losses from Hong Kong’s record-breaking rainfall less widespread than 2023 black rainstorm: Sedgwick
- August 7
Claims from Tuesday's downpour are expected to arise from damage to cars, facilities in buildings, hospitals, warehouses, resorts, theme parks, and construction sites, according to Alex Tang, director at Sedgwick Hong Kong.
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K-Sure provides US$350m guarantee for purchase of 6 Korean tankers by US shipping firm: report
- August 7
Support includes US$300m buyer credit guarantee for International Seaways and a US$50m refund guarantee for K Shipbuilding.
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Heavy rain, floods, landslides leave insurers counting losses across Hong Kong, China, India
- August 6
Torrential rain this week caused substantial damage and disruptions.
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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.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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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’.
