ICA welcomes building ministers’ commitment to climate resilience
June 24 2024 by InsuranceAsia News
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Asia carriers looking to extend renewables capacity as projects soar
- July 11
Large and complex regional projects exposed to nat cat risks could still find it hard to secure insurance as they require specialist underwriting expertise from London markets.
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Pacific Islands captive PCRIC’s FY2023 net underwriting profit down 5%
- July 8
Thanks to a World Bank grant support it recorded a US$1.4m surplus for the year. The company sold a total of eight policies while incurring zero claims.
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Suncorp lifts top of cat reinsurance tower to US$4.6bn for FY 2025
- July 6
The cat reinsurance program will protect from major events starting from AU$350m (US$236.2m), and renewed program changes have no material impact on target capital for the group.
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Australia and New Zealand mid-year renewals see return to stable market: Aon
- July 4
Reinsurance buyers were seeing ample capacity and flatter pricing, with many experiencing low-single digits reduction, according to the broker's latest reinsurance market dynamics report.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
