Industry Segments: Risk Page 16 / 20
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- October 12 2015
Cyber insurance market continues growth
Growing number of attacks and increasing reliance on technology is boosting demand for cyber cover.
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- October 12 2015
Disaster protection gap hits US$1.3tr
Disaster risks are increasing while insurance is not keeping pace, according to a report released by Swiss Re.
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- October 8 2015
Zurich Insurance downgraded to negative by AM Best
The insurer faces high losses form the recent explosions at the port of Tianjin in China.
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- October 6 2015
Financial fundamentals of Taiwan’s insurers still sound
The FSC has responded to an IMF warning about potential liquidity risks in global markets.
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- October 6 2015
World’s biggest insurers need to raise capital buffer
New IAIS rules have been finalised to prevent too-big-to-fail insurers from needing bailouts.
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- October 5 2015
Cambodia urged to insure bank deposits
Cambodia and Myanmar are the only countries in Asean that do not insure deposits.
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- October 5 2015
Quake insurance could rise by up to 50% in Japan
Japanese nonlife insurers plan to raise quake insurance premium rates in 36 prefectures.
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- October 2 2015
Imported luxury cars pose liability risk in Korea
A consumer group has called for a cap on insurance payments on expensive imported cars.
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- October 1 2015
China’s insurance premium growth slowing
CIRC data shows growth slowed to 19.5% during the first eight months of the year.
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- October 1 2015
Contamination in Tianjin to push up cost to insurers
Chemical contamination in the Chinese port of Tianjin is likely to add to the total losses.
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- September 30 2015
China removes life insurance interest-rate cap
The new policy will return pricing power to insurers and encourage market-based products.
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- September 29 2015
China eyes Bermuda reinsurance market after Tianjin
The explosions in Tianjin are spurring China to consider new sources of insurance.
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- September 24 2015
Interest for RSA Insurance likely to come from Asia
CEO Stephen Hester says the insurer will get other approaches after Zurich pulls out.
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- September 24 2015
Japanese insurers’ face US$165m claims for Tianjin blasts
The country's top-four nonlife insurers will pay out claims for damage to finished automobiles.
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- September 24 2015
Korean insurers’ RBC ratios hit two-year low
Risk-based capital ratios of 56 insurers dipped to an average of 278.2% in the second quarter.
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- September 23 2015
Moody’s keeps stable outlook for Chinese insurers
The credit rating agency warned China's insurers on headwinds that may affect creditworthiness.
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- September 22 2015
Fire premiums on the rise in Japan
The increase is being driven a number of large-scale natural disasters in recent years.
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- September 22 2015
Zurich abandons US$8.7bn RSA bid
It is puling out of a bid to acquire the British insurer due to a US$200m loss in Q3.
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- September 21 2015
Thailand launches SME loan insurance scheme
SMEs with outstanding debt payments will be able to insure loans for as much as US$2.8bn.
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- September 18 2015
Asia-Pacific outsourced insurance assets likely to surge
Growth is driven by regulatory clarity and innovations in accounting and risk controls.
