Korean non-life insurers pressure to cut premiumsAugust 7 2017 by InsuranceAsia News Staff
- August 8
The group missed its full year nat cat target by US$70m and had an investment loss of US$131m.
- August 5
The reinsurer attributed the drop largely to a decline in investment income.
- August 1
The company reported a five-year average combined ratio of 101.4%.
- July 25
The Hong Kong insurer's premium revenue grew by 11.8% in 2021.
A longer claims process and increased cost were some of the challenges faced by insurers.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.