Asian reinsurers will continue to post underwriting losses through 2024: S&P Global
October 27 2023 by InsuranceAsia News
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South Korea plans state reinsurance backstop for storm, flood, earthquake cover
- October 26
Interior ministry proposes legislation allowing the government to write nat cat reinsurance, with the national treasury in line to meet any shortfalls.
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Hong Kong’s H1 FY26 general insurance gross premiums up 9.1% to US$8bn, driven by offshore reinsurance
- October 23
Underwriting profit soared 253% to US$740m as onshore pecuniary loss business in the direct segment recovered from a loss of US$38m to a profit of US$395m.
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Australia’s cyclone pool swings back into profitability in FY26 on lower claims, provisions
- October 21
Australian Reinsurance Pool Corporation’s cyclone pool made a US$492m positive operating profit in FY26, up from an operating loss of AU$1.2bn in FY25.
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‘Real step forward’ for Asian ILS as Hong Kong, Singapore eye PCCs
- October 16
Arrival of protected cell companies (PCC) in Hong Kong and Singapore is set to drive the growth of third-party capital in the region, according to market sources.
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BlackRock | Infrastructure comes of age for insurers
Are insurers capturing full value from the asset class? BlackRock shares its perspective.
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Beazley | Navigating geopolitical risks at sea
Maritime shipping faces growing geopolitical threats—missiles, drones, GPS interference, and cyber sabotage—requiring better intelligence, crew welfare, and resilience measures.
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Zurich | Why resilience will define the winners of Asia’s clean energy transition
Planning for future conditions from the outset can improve operational reliability, reduce potential disruption and protect long-term asset value.
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Sedgwick | Captives in Asia: From Niche Solution to Strategic Risk Platform
Captive insurance has evolved from niche tool to strategic risk infrastructure in Asia, with connected claims data seen as key to unlocking its full value.
