Country: Asia Pacific Page 5 / 16
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- October 15 2024
Stable pricing trend for Asia Pacific reinsurers in 2024: Fitch
The report also stated that the rising frequency and severity of extreme weather events could increase reinsurance claims, potentially disrupting recent pricing stability.
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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 15 2024
Exclusive: Peak Re eyes South-East Asia A&H growth with senior RGA hire
The Hong Kong-based reinsurer has appointed Ashish Kanakia as vice president, underwriting, A&H, South-East Asia markets.
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- October 11 2024
Tokio Marine achieves carbon neutrality in FY2023
The group has set a target US$316.8m in decarbonisation-related insurance premiums on a global basis by the end of FY 2026.
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- October 11 2024
BESS-wary markets look for leadership to bind risks
Renewables specialist GCube's CEO says the market has to facilitate insurance on a more consistent approach as more projects appear around the world.
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- October 10 2024
MSIG Asia hires senior execs for Asia expansion
Rajnish Pal has joined the firm as senior vice president and head of transformation while Christian Kolmberger has been appointed as senior vice president, underwriting, reinsurance and claims.
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- October 10 2024
Hurricane Milton’s strength and track makes a revision of APAC renewals a near certainty
Insured losses from the “catastrophic” storm is predicted to top US$60bn as it heads for populous Tampa, which will complicate the upcoming renewals.
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- October 9 2024
Alternative risk solutions on the table for non-modelled perils at 1.1 renewals
The APAC reinsurance market is transitioning from a market of corrections to a market of solutions, Tony Gallagher, CEO, Asia Pacific, Guy Carpenter tells InsuranceAsia News.
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- October 8 2024
Allied World names Ahtarini as assistant vice president, APAC insurance operations
Singapore-based Edlina Ahtarini joins from health insurance group Aetna International where she spent eight years in senior roles, most recently as regional director for APAC plan sponsor services.
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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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- October 7 2024
Carriers hop back on crypto bandwagon as local regulations, attractive rates beckon
While more (re)insurance providers have entered the market, the industry needs to guard against loose underwriting and opportunistic capacity.
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- October 3 2024
Coface names Ronald Chai as head of commercial for Singapore
Chai takes over from Peter Elder, who has been promoted in May to regional head of banks & financial institutions for Asia Pacific based in Singapore.
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- October 3 2024
Opinion: What has happened to the ESG agenda?
While financial services jargon changes with each decade, time has shown that it is the policy that matters, not the presentation.
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- October 2 2024
PSC shares delist from ASX as Ardonagh’s US$1.5bn takeover becomes effective
The completion of the takeover by the UK broking group now wraps up PSC Insurance's nine years of trading and quotation on the Australian Securities Exchange.
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- October 2 2024
Reinsurers’ risk insights, modelling vital to taming escalating nat cat losses: Swiss Re
Besides providing capacity, the reinsurer's expertise and insights on risks related to climate change and renewable energy are key to its collaboration with insurers in limiting nat cat losses, says Victor Kuk.
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- September 27 2024
Typhoon Yagi triggers first-ever insurance payout for Red Cross’ global disaster fund
Asia's most powerful typhoon this year has tipped the disaster response fund run by International Federation of Red Cross and Red Crescent Societies over the deductible threshold at US$38.9 million, triggering its first-ever payout.
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- September 27 2024
Parametrics can complement reinsurers’ capital protection platforms
Guy Carpenter’s Jeremy Waite discusses how index-based products can fill the protection gap left by indemnity insurance from deductibles, excluded perils, scarce capacity and contingent business interruption.
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- September 27 2024
De-risking climate change requires ‘active adaptation’: EAIC panel
Targeted policy measures to address structural drivers of cat losses, better data collection, including individual exposures, and modelling are needed to combat climate risks.
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- September 26 2024
Cat modellers need to balance consistency and adapting to climate change
Insurance companies must be prepared to embrace change and invest in building their own technical understanding to manage their portfolios effectively, says Guy Carpenter’s Mark Weatherhead.
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- September 26 2024
Better cat data key to easing region’s growing capacity pressures: Perils’ APAC head
As insurance penetration and cat exposure rise in APAC, the availability of better quality data must go hand-in-hand with the growth of alternative capital sources. That leads the cat loss specialist to expand its loss data coverage in Japan & South-East Asia, said Darryl Pidcock.
