AIG slumps to US$6bn 2020 net loss
February 17 2021 by Andrew Tjaardstra
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Product recall cover in the spotlight as US bans Indonesian shrimp over ‘disturbing’ Fukushima radiation link
- September 1
US Food and Drug Administration has cracked down on imports from BMS Foods, but the link with Japan’s nuclear power plant has been questioned.
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Cat bond market enjoys record-breaking boom as ILS capacity hits US$121bn: Aon
- August 29
The 12 months to the end of June was the 'most active' period ever for the ILS market, according to Aon Securities’ annual ILS report.
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Sompo to acquire Aspen for US$3.5bn
- August 27
Japanese insurer will pay a 35.6% premium for NYSE-listed Aspen shares in the all-cash deal.
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Where there’s smoke, there’s fire: as enhanced EV risks rise, insurers urged to find ‘viable solutions’ with demand set to grow
- August 26
Marine insurers are growing increasingly concerned over the risk posed by the transportation of electric vehicles and lithium-ion batteries.
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Peak Re | From climate modelling to market opportunity: forging a new clarity on Southeast Asia’s climate risk
With the insurance industry facing an inflection point, the new imperative is seen as becoming active creators of risk intelligence.
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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.
