Hong Kong RBC framework enhances insurers’ enterprise risk management: AM Best
September 25 2024 by InsuranceAsia News
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White Oak accuses Marsh of ‘fraudulent misrepresentation’ in Greensill case: report
- November 28
The US investment firm has escalated its claims against Marsh in London lawsuit based on emails and phone call records showing the broker's executives appear to have privately expressed alarm about growing issues with the authority of BCC.
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Central Bank of India gets RBI nod to enter insurance business through JVs with Generali
- November 25
The approval is subject to continuous compliance with conditions stipulated by the Researve Bank of India and approval of the Insurance Regulatory and Development Authority of India.
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IRDAI-backed insurance e-commerce platform Bima Sugam’s capital requirement surges to US$59m: report
- November 25
The capital requirement by the Insurance Regulatory and Development Authority of India will amount to US$59m over the next four-five years with US$39m to be provided immediately and the remaining US$20m to be contributed after two years.
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Australia’s proposed reforms would boost insurers’ credit profiles: Fitch
- November 20
The proposed reforms which include insurers buying all-perils reinsurance coverage and lowering reinstatement requirements, effective June 2026, would encourage carriers to explore alternative reinsurance arrangements such as cat bonds, the rating agency said.
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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.
