Hannover Re books US$40m losses from Japan’s Noto earthquake, plane crash
May 14 2024 by Georgina Lee- P&C
- Catastrophe
- Earthquake
- Property & Casualty
- Reinsurance
- Renewals
- Results
- Asia Pacific
- Japan
- United States
- Hannover Re
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PetroVietnam to fully exit domestic insurance arm by end-2025
- December 16
Petroleum firm plans to exit HDI Global-backed PetroVietnam Insurance Corporation (PVI) as part of a restructuring of state-owned companies.
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Public Bank’s takeover of Lonpac parent will have neutral impact: AM Best
- December 12
The bank completed the acquisition of a 44.15% stake in the Malaysian insurer’s owner LPI Capital on December 5, becoming its largest shareholder.
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IAG subsidiary hit with yet another class action suit over ‘loyalty tax’
- December 10
The insurer says it will defend the second group proceeding commenced by Slater and Gordon this year.
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China to ‘open up’ to foreign P&C players as part of industry reform action plan
- December 9
The NFRA plan for the industry will also support the development of Hong Kong as an international financial centre.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
