Industry Segments: Agriculture Page 1 / 4
- September 12 2023
Prior to the appointment this month, He was heading the reinsurer's APAC agriculture business.
- September 7 2023
- China Continent P&C
- China Pacific Insurance P&C
- PICC Property and Casualty
- Ping An
- Sunshine Insuranece
Improved underwriting results, new products and a push from the government are driving growth, but an uncertain economic outlook has seen carriers rush to pare credit surety exposures.
- September 4 2023
Typhoon Saola triggers claims across Hong Kong, Macau, China and the Philippines as Haikiu hits Taiwan
The storm to bring loss accumulation of tens of millions of dollars from flooding, crop damage, car and yacht write-offs, flight disruptions, fallen solar panels and trees.
- August 22 2023
The funding will go towards compensation for property losses, damage to crops, animal and poultry farms, commercial forests, houses and agricultural machinery.
- June 22 2023
The reinsurer estimates the global agri protection gap at US$113bn in 2022, up by 28% in nominal terms from 2016.
- June 16 2023
The policy loan will bolster environmental protection and fund new insurance products for smallholder farmers and support operations of the Philippine Crop Insurance Commission.
- June 8 2023
Carriers look to innovate as countries across the region fear dry conditions, drought, forest fires and flash floods with (re)insurers on high alert.
- May 19 2023
Only one-third of over 10 million farm owners are covered by the country's state agricultural insurer PCIC.
- May 9 2023
The broker, which has an international footprint, sees opportunities in helping domestic carriers, who are poor at managing climate risk.
- April 28 2023
AM Best has affirmed the insurer a rating of B++ (good) with a stable outlook, but says it requires more cat reinsurance.
- April 16 2023
The Chinese carrier, which was rated A- (strong) with a stable outlook by Fitch, posted a 90% combined ratio last year compared with 104% in 2021.
- April 4 2023
April renewals progressed in an orderly fashion as the reinsurance market has found itself on a more sustainable footing.
- March 3 2023
Based in Singapore, the former Guy Carpenter exec will also co-head agriculture for EMEA and Latin America alongside David Gregori.
- February 22 2023
Insurers are being hit by inflation, rising reinsurance costs and unprecedented weather, including the country's largest event since the Christchurch earthquake.
- January 30 2023
As assessors fly in from Australia, many more claims are expected after record rainfall on January 27 caused widespread damage.
- November 29 2022
The digital rural insurer is the first to get a carrier licence in five years; IRDAI said there are 18 applications in the pipeline.
- November 8 2022
The market seeks to introduce greater efficiency in the oft-criticised agri insurance scheme through new technologies.
- September 26 2022
Hundreds of hectares of rice fields and banana crops were destroyed in the Philippines, with the cyclone threatening Vietnam's coffee crop.
- September 14 2022
Government-backed cat pools and widening agri cover are seen as ways to maintain affordability.
- September 9 2022
Property and casualty sector global real premiums will grow by around 2.7% in 2023.