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- August 3 2023
US ‘nuclear verdicts’ reverberate in Asia
Regional liability premiums may feel the pinch of US social inflation as supply chains recover.
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- July 31 2023
Korea’s evolving underwriting dynamics put reinsurance in focus
Carriers may need to improve underwriting discipline in light of the hardening market and rising interest rates.
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- July 19 2023
Asian aviation insurance riding airline startup tailwinds
The post-pandemic recovery in travel is leading to an aviation boom, however, the increasing cost of repairs and lack of skilled talent pose a challenge.
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- July 12 2023
Rising parametric solutions support Asia’s renewable energy transition
Advances in data analytics are helping cover a wider range of perils and risks, but weak pricing, lack of diversification and basis risk limit growth.
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- July 5 2023
Carriers move to support decommissioning of Asean energy assets
Power purchase agreements hammered over two decades ago are coming to an end in Malaysia, Brunei, Indonesia and Thailand, driving the need for insurance solutions.
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- June 29 2023
Lack of cross-border clarity slows (re)insurers entry into India’s Gift City
Despite the regulatory push, only four carriers have so far set up in the financial hub, with most non-life players awaiting clearer regulations.
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- June 28 2023
Beazley builds out Singapore cyber business with two new hires
Cyber underwriters Razif Abdullah and Sharmayne Koh will start in the new roles from first week of July.
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- June 26 2023
Asta sounds out syndicates to join Lloyd’s Asia
With Mosaic and Volante launching on the platform in Singapore, international and regional players may follow the lead.
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- June 15 2023
Carriers bet on APAC renewables despite losses
Underwriters await a market correction as regional investments in innovative projects such as floating solar panels increase.
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- June 5 2023
Financial lines remain key to BMS Asia growth plans
The broker is focusing on 'building out and strengthening existing offices' in Asia, while seeking to be a 'viable alternative to the large broking houses' in Australia.
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- May 26 2023
Labuan struggles to reignite interest as global insurance hub
Covid-19 may be over but global capital still isn’t returning to Malaysia’s offshore centre.
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- May 23 2023
Axa XL looks to tap into Asia corporate mindset shift
The French (re)insurer sees huge potential in the region with eight Asian markets expected to grow 11% per year from 2021 to 2025.
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- May 10 2023
Coverage gaps leave Asia vulnerable to supply chain risks
Companies in the region remain uninsured or underinsured as products for purely financial supply chain losses provide a wafer-thin patchwork of protection.
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- May 9 2023
JB Boda eyeing parametrics, ILS to strengthen India’s nat cat capabilities
The broker, which has an international footprint, sees opportunities in helping domestic carriers, who are poor at managing climate risk.
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- April 27 2023
MGAs see ‘flight to quality’ in Asia amidst market hardening
Following the 1.1 renewals, sourcing capacity is becoming harder but niche players may still have an edge.
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- April 18 2023
Analytics: Singapore and Hong Kong see underwriting profit, GWP bounce back
While faster premium growth saw the Lion City extend its lead over the regional rival, the SAR insurers' underwriting profits more than doubled in 2022.
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- April 11 2023
Carriers eye terrorism and PV coverage as appetite grows and market hardens
Global (re)insurer Axis and Lloyd's player Mosaic Insurance are planning to expand cover in the under-served Asian market.
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- April 6 2023
China reopening to boost Asia’s P&C markets
With inbound and outbound connectivity resumed, a spurt in tourism across the region offers hope for insurers.
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- March 22 2023
Further correction to Asia marine likely to be elusive
The market is still under-priced but rate increases lag behind the European and US markets.
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- March 21 2023
Asian carriers embrace insurtechs despite global slowdown
In recent deals, Peak Re teamed up with CyberCube, Zurich partnered Surer, Echo Re joined hands with Adept in APAC and Singapore's GIA expanded its use of Shift Technologies.
