Japanese non-life industry underwriting income tops US$1bn in 2023: GIAJ
June 27 2024 by Heather Ng
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Zurich to buy AIG travel insurance business for US$600m
- June 26
The Swiss insurer will add AIG's Travel Guard brand to Cover-More, which will take the business to a combined annual GWP of about US$2bn.
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Japan hailfall insurance payout reaches US$356m: GIAJ
- June 20
The hail that affected Hyogo prefecture in April saw insurers settling 98% of the total 122,152 accepted as of May 31, according to GIAJ.
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Japanese non-life carriers’ FY 2024 ordinary profits more than doubled: FSA
- June 19
The total net premiums written by the big-three Japanese insurance groups combined stood at US$81 billion for the fiscal year ended March 2024, data from the regulator shows.
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Asian Re’s underwriting performance set to improve, 2023 COR down at 101.6% : AM Best
- June 14
The rating agency affirmed the regional non-life reinsurer's "B+" (good) financial strength rating with a positive outlook.
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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.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.
