Exclusive: Hyundai Insurance and Korea P&I Club on hook after Keoyoung Sun tanker sinks off Japan coast
March 22 2024 by Kristina Shperlik
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Construction Guarantee’s underwriting losses to continue for the short to medium term: AM Best
- July 28
Korean insurer has reported two consecutive years of underwriting losses in 2023 and 2024, as well as another loss in H1 2025.
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South Korea flood motor claims rise to US$22m: report
- July 22
At least 17 people died in floods and landslides caused by the torrential rain, which started last week and intensified over the weekend.
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DB Insurance’s operating performance and capital remain strong despite unfavourable economy: AM Best
- July 21
Rating agency has affirmed the financial strength rating of A+ (superior) and the long-term issuer credit rating of “aa-” (superior) of the South Korean insurer.
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South Korea hit by torrential rain with 4 dead, 500 properties damaged
- July 18
Over 400mm of rain fell over three days, with most rain-related fatalities reported in South Chungcheong province.
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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.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
