KB Insurance completes US$100m loss portfolio transfer deal with Swiss Re
November 15 2023 by Mithun Varkey
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Warning of 50% spike in marine war risk premiums as Iran conflict intensifies
- March 3
With US$500bn in energy trade at a standstill, proportionality and caution are the watchwords for the marine market as it braces for a prolonged crisis.
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US-Israeli strikes on Iran force marine war market repricing amid elevated geopolitical risks: Aon’s Stephen Rudman
- March 2
While there is no systemic withdrawal of capacity, underwriters have cancelled certain hull war policies and are offering reinstatement of cover at materially increased rates, the broker's head of marine in Asia says.
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War risk insurers cancel covers, raise prices for ships in Gulf and Strait of Hormuz: report
- March 1
Insurance rates could rise by as much as 50% following Iran's retaliatory stirkes against US-Israel, meanwhile, cargo war-risk insurers are also preparing to issue cancellation notices on Monday.
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Sompo receives regulatory approvals for US$3.5bn Aspen acquisition
- February 19
Transaction is expected to close in the next several days, subject to the satisfaction of customary closing conditions.
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QBE | Elevating customer experience, humanising claims: QBE Asia’s ‘Solutions in a Box’
Vastly improving turnaround times and personalising service delivery, QBE Asia’s award-winning, end-to-end bundled claims solutions is a game-changer for the insurance industry.
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Beazley | What does cyber protection look like from day 1 to day 600 and beyond?
Cybersecurity is no longer just an IT concern, but a governance issue that belongs on the boardroom agenda.
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Sedgwick | Preparing for the next storm
Insurance industry needs to recalibrate, invest in innovation and strengthen systems, talent and data practices.
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
