Asian insurance market faces turbulence amid nat cats, economic shifts: WTW
October 24 2024 by Joana Nguyen- Financial Lines
- Brokers
- Catastrophe
- Climate
- Construction
- Cyber
- Long-tail
- Non-life
- P&I
- Professional indemnity
- Property
- Risk
- Asia
- Asia Pacific
- WTW
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APAC finpro rates flat to 10% down in 2024: WTW
- December 17
Asia Pacific saw 5-10% reductions for D&O and PI covers with crime staying flat and fund managers pricing flat or up to 10% down and cyber fluctuating within 5% in ANZ markets.
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MSIG Asia names Munich Re’s Alexander Liu as vice president for cyber and financial lines
- December 12
Singapore-based Liu will report to Andrew Taylor, senior VP and head of cyber and financial lines.
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Pricing, deductibles and wordings under pressure in Australian financial lines market
- December 9
The integration of cyber with financial institutions products hold up the rates because there aren't many markets offering this solution, says IQUW’s Tristram Prior.
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India’s Edme continues team buildout with ex-Coface CEO
- November 27
Mumbai-based Bhavesh Patel joins the broker as executive director, corporate business of financial and credit specialty.
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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.
