IAG, Suncorp recalibrate cat claims after October hailstorms
November 9 2021 by Andrew Tjaardstra-
Insurers wrestle with rising claims as lithium battery use widens
- April 17
The industry needed to define its positions on whether the battery fire is an operational risk for users, or a product liability risk, especially in the case of thermal runaway.
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IRDAI’s onshoring push may squeeze out cross-border reinsurers
- April 16
The Indian regulator’s plan to introduce collateral will raise costs, increase compliance and administrative burdens.
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HK Insurance Authority courts Chinese insurers, municipalities to grow cat bond hub
- April 15
The regulator is reaching out to Chinese (re)insurers and local governments as it seeks to entice potential cat bond issuers to the city and build an insurance-linked securities hub for the Greater Bay Area.
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Stability the goal as D&O market emerges from years of pricing volatility
- April 11
While the directors & officers market in Asia Pacific remains as diverse as the markets in the region itself, there is a clear demand for certainty around pricing.