IRDAI retains 4% obligatory cession for upcoming renewals
February 26 2024 by Mithun Varkey
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Peak Re reports best-ever net profit of US$200m in FY 2023, COR down to 87.3%
- May 2
The Hong Kong carrier's reinsurance revenue saw a 14.6% year-on-year decline in FY 2023 at US$1.56 billion.
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Insurers’ switch to risk-based pricing makes insurance unaffordable: RBNZ
- April 30
Climate change and rising reinsurance costs are prompting more insurers to switch to a risk-based pricing approach, but the Reserve Bank of New Zealand warns that this is also making property insurance unaffordable and leave customer underinsured.
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China’s financial regulator calls on carriers to develop green insurance
- April 26
The National Financial Regulatory Administration have asked (re)insurers to enhance their modelling capability, and to play a greater role in helping the society shoulder the cost of climate change.
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Scor promotes CUO Lily Song to head of P&C China
- April 23
Beijing-based Song has been at the French reinsurer since 2012 and has been the China reinsurance chief underwriting officer for more than 4 years.
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WTW | Building resilience against emerging risks in Asian realty sector
WTW’s Ben MacCarthy, head of real estate, hospitality & leisure, Asia, and Jennifer Tiang, cyber leader, Asia, discuss the real estate industry’s sectoral risk landscape and the emerging role of proptech.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.
