Hyundai Marine & Fire underwriting improves on lower motor losses
June 16 2021 by InsuranceAsia News
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South Korea’s new capital requirements to reduce insurers’ burden, enhance quality: Fitch
- March 31
Introduction of a mandatory core capital ratio requirement will tighten the quality of capital that insurers hold.
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‘Damages snowballing’ as Korea’s worst-ever wildfire rages on
- March 27
The fire in the country's southeastern Gyeongsang province has burned through more than 36,000 hectares as death toll rose to 27, destroyed hundreds of structures and affected multiple cities and towns.
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Amid abundant capacity, 1.4 renewals could see double-digit rate drop: Aon’s George Attard
- March 27
APAC reinsurance solutions CEO tells IAN ahead of key renewals that a continuation of 1.1 dynamics has resulted in a favourable environment for buyers.
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South Korea’s P&C insurers’ net income up 3.1% to US$5.8bn in 2024
- March 25
Insurance income marginally down by 1% to US$5.6bn due to higher loss ratios for motor insurance, according to preliminary statistics from the Financial Supervisory Service.
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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’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
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Allianz Life | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
