Country: Asia Page 147 / 412
-
- September 21 2022
South and South-East Asian reinsurers face inflation, poor returns double whammy: AM Best
Pricing increases may not be sufficient for carriers to increase technical profitability despite a five-percentage-point COR improvement since 2019.
-
- September 21 2022
Asia may ‘finally pull its weight’ on terrorism cover
The market is on the cusp of change with rates set to harden as global firms pay more attention to the risk.
-
- September 20 2022
Generali China Insurance elevates Yan Jiu as chairman
The former vice-president and member of CPC committee for Bank of Kunlun will work with the property insurer's general manager Yuan Yinghui.
-
- September 20 2022
Aon goes in-house for APAC cyber head and bolsters M&A team
Adam Peckman takes on cyber role covering five territories, while Adrian Chai becomes director, transaction solutions, Asia.
-
- September 20 2022
RVS Monte Carlo: Five key APAC take-aways from the Rendez-Vous
Climate change, macro risks and hardening markets dominate discussions at the biggest reinsurer meet-up.
-
- September 19 2022
Strong Taiwan earthquake triggers widespread infrastructure damage
Buildings, railway lines and bridges have all been impacted in the epicentre, Taitung county.
-
- September 19 2022
‘Violent’ Typhoon Nanmadol causes havoc across Japan
The third-strongest typhoon to make landfall since records began is moving northeast raising flood warning in Tokyo.
-
- September 19 2022
Korean Re’s H1 profits tumble 44% on overseas underwriting slide
The combined ratio for international business climbed to 107.4% from 96.3% in H1 2021, while overall GWP grew 10%.
-
- September 19 2022
Asian ILS market to thrive as investors seek diversification
Multiple deals in the pipeline with Singapore and Hong Kong continuing policy support for alternative markets.
-
- September 19 2022
Chenwei Li to head Peak Re’s structured solutions
He will also co-head the life and health business and report to chief executive Franz Josef Hahn.
-
- September 19 2022
Prudent reinsurance, low costs anchor Cosco captive’s performance
AM Best affirmed financial strength rating of A for the Chinese shipping company subsidiary.
-
- September 19 2022
Sompo Japan’s 5-year average COR at a ‘strong’ 96.3%: AM Best
The rating agency has affirmed the financial strength rating of A+ (superior) to the company and its subsidiaries.
-
- September 19 2022
New India Assurance’s underwriting constrained by market challenges, pandemic
Affirming its B++ rating, the agency noted elevated concerns overpricing discipline and risk management given the Indian insurer's level of ongoing underwriting losses.
-
- September 16 2022
RVS Monte Carlo: Indian stand-alone cyber on a growth spurt, says Guy Carpenter’s Cordonnier
Data protection legislation really driving growth around Asia for more comprehensive cover.
-
- September 16 2022
Why Fosun’s divestment plan may exclude Peak Re
Non-core divestitures are unlikely to change the controlling interest of core insurance units like the Hong Kong reinsurer and Fosun Insurance Portugal.
-
- September 15 2022
Reinsurance to benefit from US$71m Singapore net-zero grant
MAS' financial industry roadmap 2025 plans to promote insurance risk advisory and alternative risk transfer solutions for Asia.
-
- September 15 2022
Deutsche Rück expands into Asia
Tarik Aouad will head the joint department for the Middle East and Asia for the German reinsurer.
-
- 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 15 2022
Fosun sells 22% stake in YongAn Property Insurance
State-owned Shaanxi Financial Asset Management acquired the conglomerate's interest in the Chinese carrier.
-
- September 14 2022
Lloyd’s crypto coverholder Evertas enters Hong Kong and Australia
The Chicago-based company uses capacity from Arch Insurance to offer cover against theft or loss of blockchain assets.
