Asian P&C carriers hit by falling profitability and slowing premium growth: McKinsey
November 6 2023 by InsuranceAsia News
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Peak Re reports 25.1% GWP growth to US$1bn H1 FY24
- August 28
Reinsurer's revenue also grew by 36.8% to US$661 million compared to the first half of 2024, according to a stock exchange filing by parent company Fosun International.
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‘We don’t need to wait’: Taiping Re eyes wider ILS program after debut cat bond
- August 28
Hong Kong reinsurer considers other ILS products, such as sidecars, which meet its business and retro strategies, ILS specialists Jeffrey Li and Aaron Lin tell InsuranceAsia News.
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Sompo to acquire Aspen for US$3.5bn
- August 27
Japanese insurer will pay a 35.6% premium for NYSE-listed Aspen shares in the all-cash deal.
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PICC P&C underwriting profit surges 45% to US$2bn on motor, property gains
- August 27
China's large non-life carrier posted a combined ratio of 94.8%, a 1.4 percentage point improvement.
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched July 1, 2025, through a partnership with Steadfast, Berkshire Hathaway Specialty Insurance Company’s (BHSI) WICare+ policy not only meets the requirements of the Work Injury Compensation Act (WICA 2019) but also elevates protection for employers and employees. With enhanced benefits, extended medical leave cover, and value-added services, WICare+ fills the gaps found in traditional […]
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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.
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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.
