News Page 256 / 1059
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- November 2 2023
IUA’s Matcham: Singapore on cusp of digital transformation
The city is now considered a global hub having cornered a share of London-bound businesses, Japanese renewals and a fast growing marine business, says Dave Matcham
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- November 2 2023
Cedents will have no trouble securing capacity in 1.1, says Malaysian Re CEO
Ahmad Noor Azhari Abdul Manaf, president & chief executive, offers insights into renewals in the region
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- November 2 2023
Stricter terms make cedents move from pro rata treaty to gross XL while renewals to be more ‘orderly’: Aspen Re
The move away from pro rata means cedents can benefit from a good underwriting year, says Aspen Re’s Tay Boon Chuan
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- November 2 2023
SIRC: Expert panel urges more action on climate change in APAC during record year
Reinsurers, insurers and brokers need to help clients monitor and adapt as the climate in the region changes fast and losses pile up.
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- November 1 2023
QBE exits Papua New Guinea market
The Australian insurer divested its subsidiary to Alpha Insurance.
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- November 1 2023
Changing risk landscape demands contractual solutions
Deutsche Rück’s Tarik Aouad says terms and conditions are improving to align interests of cedents and reinsurers
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- November 1 2023
Renewables, underinsurance, nat cats and cyber risks are reinsurance’s APAC focal point: CEO roundtable
While there is still uncertainty, the APAC market is moving towards adequacy in price, terms and conditions, say chief executives from Swiss Re, Munich Re and Axa XL
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- November 1 2023
More pricing is needed in key perils contracts to account for further nat cat loss activity: Scor
Contract wordings and adequate treaty retentions will be in focus in January 1 renewals, says CUO David Johnstone
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- November 1 2023
Floodbase and Ag Guard tie-up for parametric agri cover in Australia and New Zealand
The products are scheduled to be available in 2024 and will offer region-specific pricing that trigger payouts automatically when flooding exceeds predetermined thresholds.
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- November 1 2023
APRA applies US$12.7m capital requirement to RAC Insurance after governance review
A review by the regulator revealed significant weaknesses in areas of outsourcing controls, conflict management and board decision making at the Western Australia motor insurer.
