Korean battery plant fire claims likely to leave reinsurers unscathed
June 27 2024 by Ji Youn Lee
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Exclusive: Carriers staring at US$1bn+ losses from New Caledonia civil unrest
- July 4
QBE and Allianz’s estimated net exposure to the event have exceeded US$215m each from political violence in the French overseas territory near New Zealand, IAN understands.
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Capacity loading at the front end driving rate softening for Asia aviation market
- July 3
With the outcome of major disputes relating to Russia-Ukraine and Boeing 737 Max still uncertain, additional retail capacity in the regional aviation market is steering rating.
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APAC pricing stabilises at 1.7 renewals as global capacity hits record US$695bn
- July 2
With more capital coming to the table, reinsurance rating reductions were in order, though loss-affected territories bucked the wider trend.
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Gen AI prophecy turns reality as insurers count cost benefits
- July 1
Artificial intelligence, blockchain and embedded solutions are delivering tangible cost savings and enabling more competitive premium rates, senior insurance executives told an industry forum.
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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.
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AXA XL | Energy transition in Asia: How AXA XL helps enable the region’s ambitious plans
Transitioning to low-carbon sources is about more than just substituting one type of energy for another, it requires restructuring the entire energy ecosystem and developing new ways to store energy from intermittent sources like solar and wind.
