Industry Segments: Asset Management Page 1 / 25
- April 20 2023
Korean P&C insurers falling short on oil and gas exclusions
While most of the insurers have started acting on coal policies, only Samsung has extended it to the petroleum industries.
- April 11 2023
Market dislocation unlikely to disrupt Asian carriers
Asian insurers are casting their investment nets wider with a growing impetus on the sophisticated aspects of ESG.
- March 17 2023
Opinion: Lloyd’s investment losses flag risks for Asian (re)insurers
The US$3.6bn hole in the market's 2022 results and current banking turmoil show the need for carriers to revisit their portfolios and reassure investors.
- November 23 2022
China Huanong on rating watch over rapid growth in risky assets: Fitch
The Chinese non-life insurer's risk-assets ratio nearly doubled in nine months to 49% by the end of Q3.
- November 22 2022
Hanwha General’s performance helps outlook improve to ‘stable’: Moody’s
Lower claims on motor and long-term medical insurance have helped the Korean firm.
- November 16 2022
Currency mismatch piles pressure on Asia underwriting
As the US dollar strengthens, carriers in the region are feeling the heat due to worsening asset-liability positions amid capacity constraints.
- November 10 2022
ZhongAn’s investment income balances ‘marginal’ underwriting result: AM Best
Investments will continue to be the main driver of profits over the medium term.
- September 6 2022
Sri Lanka Insurance’s underwriting profits to suffer from inflation: Fitch
The P&C insurer has limited ability to reprice policies due to the economic crisis in the country.
- August 23 2022
Korea’s new standards regime and IFRS 17 to squeeze insurers’ capital buffers: Fitch
K-ICS will not materially change the underlying risk structure and will have limited rating impact.
- August 19 2022
IRDAI sets out ambitious capital reform plan
Proposals to facilitate fundraising part of new chairman’s modernising agenda
- August 12 2022
China’s property crisis weighs on (re)insurers
Amid a slow growth environment, losses on corporate bond portfolios raises questions about the wider threat to market.
- August 8 2022
Suncorp’s profits fall 34% on nat cats amid US$1.7bn of reinsurance recoveries
The group missed its full year nat cat target by US$70m and had an investment loss of US$131m.
- August 5 2022
China Re estimates H1 profit to slide 40-50%
The reinsurer attributed the drop largely to a decline in investment income.
- August 1 2022
Malayan Insurance COR hampered by fire and cat losses: AM Best
The company reported a five-year average combined ratio of 101.4%.
- July 25 2022
Marine, property and liability drive China Merchants Insurance’s premium growth: AM Best
The Hong Kong insurer's premium revenue grew by 11.8% in 2021.
- July 21 2022
Korean insurers draw coal criticism
Samsung F&M and Hyundai M&F under fire, but Kepco’s decision to exit coal signals change.
- July 13 2022
China heightens oversight as insurance assets bulk up
With the top four players controlling over half the market, any company failure is a huge risk to the economy.
- July 12 2022
China’s regulators issue draft rules on ‘systemically’ important insurance groups
The evaluation scope includes scale, correlation, asset realisation and substitutability.
- June 28 2022
Sompo makes coal underwriting pledge and joins Net-Zero Insurance Alliance
The insurer commits to ruling out underwriting and investment in certain coal companies by 2025.
- June 6 2022
Asian insurers unworried by inflation, survey finds
Goldman Sachs says that rising prices are not seen as a serious risk in the region.