Hanoi Re’s expense ratio to stay elevated: AM Best
April 2 2024 by InsuranceAsia News
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APAC records nat cat insured losses at US$8bn in 2024, the lowest since 2012: Gallagher Re
- January 22
Three events - China seasonal floods, Typhoon Yagi, and Japan’s Noto Peninsula Earthquake - drove 68% of economic losses, or US$88bn, in the region.
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First for Vietnam as Circles Group, Bao Minh Insurance offer film, event solutions
- January 22
MGA will provide A-rated capacity, products and underwriting, while the Vietnamese insurer will offer distribution and local regulatory paper.
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Vietnam’s PTI to benefit from remedial measures, portfolio revamp: AM Best
- January 17
The rating agency has affirmed rating of B++ (good) and upgraded the carrier´s outlook from negative to stable reflecting its strong balance sheet.
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Vietnam’s biggest non-life carrier PVI tops US$525m premiums revenue in 2024
- January 16
It accounts for 17% of total premiums collected by the country’s general insurance sector, consisting of 32 companies.
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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.
