- October 6 2022
Despite HK’s re-emergence, data shows Singapore pulling away in P&C race
While Singapore's GWP grew 14.25% in 2021, Hong Kong's annual growth was only 2.9%.
- October 3 2022
Analytics: Asian cat losses up 145% since 2017
Models show that (re)insurers should expect even higher losses as exposures rise, according to data provider Verisk.
- September 28 2022
Risk pools no panacea for Asia’s secondary peril threat
(Re)insurers need to improve risk selection and underwriting to cope with models that don’t have the same predictive power.
- September 22 2022
Analytics: Asia marine premium growth offset by higher claims
Vessel activity returns to pre-Covid levels, rates flatten and inflation pushes up cost of repairs.
- September 15 2022
Asia reinsurance growth to ease as capital tightens
Premiums will grow at 3-4% a year over the next three years with underwriting becoming more selective.
- September 12 2022
Analytics: Asia P&C claims continue to outpace price rises
Competition and lack of affordability mean insurers may pass just 80% of claims' inflation to clients, says Fitch.
- September 8 2022
Aspen Re looks to casualty for Asia growth
Reinsurers are diverting capacity as they get selective with property, says Beatrice Morley.
- September 2 2022
Analytics: Inflation and climate change ramp up pressure on APAC reinsurers
A confluence of issues is leading to higher nat cat claims and reserve deficiencies.
- August 31 2022
Insurers still see Hong Kong as China gateway
The city remains an attractive base for insurers from the mainland and those looking to access it.
- August 18 2022
Underwriting returns elude APAC reinsurers
Average combined ratios have remained above 100% for the last four years, says AM Best.
- August 15 2022
Seoul flooding hits P&C players with ‘material’ losses
Claims from the record downpour expected to top US$115m.
- August 11 2022
Powerful and unusual hailstorm dents Japan’s ‘big three’ Q1 results
The insurance giants saw losses of US$610m from freak storm in addition to Ukraine impact.
- August 8 2022
Australian floods dampen reinsurers’ H1 results as secondary perils drive losses
Munich Re, Swiss Re, Hannover Re and PartnerRe were among firms hit by the wild weather.
- August 4 2022
Asia helps ‘big three’ global brokers show Q2 resilience
Aon, Marsh and WTW defy weakening economic outlook and invest for regional growth.
- August 1 2022
MGA Rokstone eyes Asia cat market opportunity
The specialty player has regional capacity and wants to expand as pricing hardens and terms improve.
- July 27 2022
Fire and liability losses drive APAC claims burden
Inflation is set to add to a costly claims' environment of rising property values and extreme weather.
- July 25 2022
India sets ambitious P&C growth target
Regulator's new chairman wants to increase non-life premiums by over US$100bn in only five years.
- July 21 2022
Korean insurers draw coal criticism
Samsung F&M and Hyundai M&F under fire, but Kepco’s decision to exit coal signals change.
- July 18 2022
PartnerRe acquisition gives Covéa Asia platform
With US$600m in Asian premiums the French mutual can capitalise on fast-growing markets.
- July 14 2022
Chinese insurtech sector lures capital but not returns
Funding hit record high in Q1 despite underperformance of listed players.