China’s premiums up 4.1% to US$707bn in 2021: report
February 14 2022 by InsuranceAsia News
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China’s retaliatory port fees on US-linked vessels adds to maritime disruptions
- October 14
A US$56 per net ton fee will be charged at Chinese ports from vessels that US flagged, built or are owned or operated by US enterprises, meanwhile, the country has also banned Korean shipbuilder Hanwha Ocean's US subsidiaries in escalating tensions.
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China Re-backed broker Huatai partners with BMS Group for marine initiative
- October 13
The mainland intermediary will coordinate domestic underwriting, while BMS’ specialist arms BankServe and CLP will do international ceding of risks.
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Vietnam’s 2025 nat cat economic losses top US$1.3bn
- October 10
Typhoon Matmo over the weekend expected to add hundreds of millions of dollars in losses to the region recovering from the Typhoon Bualoi the week before.
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Hong Kong’s curtailed Super Typhoon Ragasa economic losses under US$400m: report
- September 29
Claims mainly from wind and flooding, with water damage across all affected territories, David Seng, technical and strategic projects director at Sedgwick in Asia also tells InsuranceAsia News.
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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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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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
