ICNZ calls for proactive approach on climate adaptation
July 16 2024 by InsuranceAsia News
-
GIAJ calls for revision of reserve rates for fire insurance policies
- July 16
A review of catastrophe contingency reserve system is critical in light of rising nat cats losses, the industry body says.
-
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.
-
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.
-
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.
-
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.
