Japanese watchdog fines non-life insurers US$13m for price fixing
November 1 2024 by Heather Ng- Non-life
- Legal/Regulatory
- Japan
- Aioi Nissay Dowa Insurance
- Mitsui Sumitomo Insurance
- Sompo
- Tokio Marine & Nichido Fire
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Pricing, deductibles and wordings under pressure in Australian financial lines market
- December 9
The integration of cyber with financial institutions products hold up the rates because there aren't many markets offering this solution, says IQUW’s Tristram Prior.
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Vietnam’s Petrolimex Insurance could see volatility ahead over Yagi losses: AM Best
- December 6
AM Best has affirmed an insurer rating of B++ (good) with a stable outlook to PJICO.
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Despite challenges, Asia Pacific non-life insurers to benefit from rate hikes, costs control: Fitch
- December 4
The rating agency has assigned a neutral outlook for the Asia Pacific insurance sector.
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Asia mining rates soften as companies seek local capacity: Marsh
- December 3
Underwriters are concerned with the structural integrity of assets and the availability of spare parts inventory in the industry even as losses tracked higher than might have been expected over the past 12 months.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
