Axa Hong Kong completes first inward ceding deal on Shanghai reinsurance platform: reportNovember 8 2023 by InsuranceAsia News Staff
- March 1
Despite Asia constantly hitting records with the costliest catastrophes happening in the region, sort of nat cat cover that can be bought in many economies in Asia Pacific is necessarily constrained and ineffective in the face of the growing threat from climate change.
- February 28
The broker, which is hiring a new team in the hub, wants to support the underwriters locally while writing business from around the world as it brings the offering under one international platform, according to Malcolm Payton.
- February 27
Aon and GIB will continue to operate independently until the transaction is completed in the coming months.
- February 26
Higher retentions, reduced excess-of-loss coverage and increased retro cost are weighing on the reinsurer's performance, with its COR for the first half up at 106%.