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- November 27 2024
Stress testing key to carriers’ 2025 risk assessment strategies
Regulators will no doubt be looking to test insurers and demand greater transparency on the impacts that various major and often interconnected scenarios will have, AM Best senior directors tell IAN.
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- November 21 2024
Emerging Asia may benefit from US tariffs as China suffers: Swiss Re’s Haegeli
Tariffs, taxes, and a decrease in trade could be a tipping point for the wider industry as there are many uncertainties around future US presidential decisions, said the reinsurer's group chief economist.
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- November 14 2024
Market consolidation crucial for APAC’s maturing economies: AM Best’s Carter
Regulators are looking at capital reforms to drive consolidation, but the markets have yet to see the impact, says the rating agency’s APAC managing director.
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- November 8 2024
Cyber markets look to APAC for growth as market continues to soften
As cyber insurance premiums are set to soar to US$20bn by 2026, the role of reinsurers and the importance of cyber hygiene in shaping the future of the market are becoming even more critical.
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- November 7 2024
Trade war fears ignite as Trump sweeps into the White House
Even if heavy tariffs are not swiftly imposed, the threat of them is likely to make Chinese-US relations a lot more uncertain in the coming years and could hamper China’s economic recovery even further.
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- November 1 2024
Opinion: Risks from rising ESG regulations looming threat for businesses
The D&O market is playing a watching brief as sanctions and litigation around ESG breaches and non-compliance play out.
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- October 24 2024
Risk managers fear rise in uninsurability for key risks
In Asia, there are growing and specific concerns around supply chain risks and from customers becoming more demanding around ESG.
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- October 15 2024
‘Insurers need to take more risks’: Axa’s de Courtois
The deputy group CEO tells IAN that the industry needs to go against its traditional approach to risk as climate change and cyber rise as top risks for APAC.
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- October 8 2024
Regulatory recognition key for MGAs to take off in Asia
Tech-enabled MGAs are gaining ground in China and climate change is spurring innovations in Australia, but their success hinges on supervisory approaches.
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- September 27 2024
New routes create new risks for insurers as Red Sea remains US$3tn threat
As longer transit time, delays, increased emissions and piracy threats plague attempts to circumvent the region, it could be transformational for the Belt and Road initiative as cargo moves to rail and air.
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- September 24 2024
Climate change, green transition and geopolitics reshaping marine insurance
The growing importance of Asia underlined the 150th annual International Union of Marine Insurance conference where geopolitical tensions, extreme weather risks, and energy transition dominated discussions.
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- September 19 2024
Global marine insurers bet on Asia amid growing geopolitical concerns
The International Union of Marine Insurance sees the region accounting for almost a third of the premium as an opportunity to grow its membership as war risks, sanctions and embargoes are affecting global shipping.
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- September 12 2024
Data crucial for Asia’s renewable drive as offshore wind power gains momentum
With the region prone to nat cat risks such as earthquakes and typhoons, demand for data is rising as (re)insurers are looking to better understand the risk profiles of the growing numbers of renewable projects such as offshore wind farms.
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- September 9 2024
RVS Monte Carlo: Reinsurers and primary markets continue to have ‘attachment issues’
As Asian cedents, especially loss-hit players, are pushing for lower attachment points, reinsurers resist, determined to defend their hard-earned gains, note S&P Ratings analysts.
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- September 3 2024
Port congestion cover demand surges as geopolitical tensions lead to Asian terminals overload
As Red Sea attacks continue, the blockages in Singapore and Malaysia’s Port Klang and Tanjung Pelepas has led to supply chain disruptions, with nat cats making the regional risk landscape more complex.
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- August 26 2024
Complex claims in Asia set to dictate future adjusting demand: Crawford’s Reichelt
The growing scale and complexity of losses in Asia mean that the global loss adjuster is ready to respond to the demand for assessing high-value, technical claims as it continues to build out technical expertise in Singapore and tailor claims processing for clients in Japan.
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- August 12 2024
Robust regulations key to insuring next-gen aviation systems
Insurers are gearing up for the dawn of a new era for aviation with advanced air mobility solutions but it necessitates updates to policy wordings, development of unique programs and adapting to changing regulatory environments.
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- August 6 2024
Insurers urge BI planning as Asian shippers buckle under supply chain pressure
Cascading impacts of geopolitical conflicts, extreme weather events and the Baltimore bridge collapse are testing the resilience of supply chains, with carriers warning of significant impact on the risks they cover.
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- July 31 2024
Cyber market is in need of more buyers, says QBE’s Serene Davis
The market is at an inflection point amid predictions that it will undergo significant growth as the world recovers from the CrowdStrike outage, but underwriters will have to look at new countries and clients to hit those projections.
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- July 24 2024
London seeks to offer specialist capacity for ‘high-risk exposed’ Asia renewables
(Re)insurers are ready to step in to provide expertise for renewables in emerging regional economies as some of the capacity currently on offer is "naive".
