Line of business: Agriculture Page 3 / 5
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- September 26 2022
Typhoon Noru threatens World Bank cat bond default: Plenum
Hundreds of hectares of rice fields and banana crops were destroyed in the Philippines, with the cyclone threatening Vietnam's coffee crop.
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- September 14 2022
Rising cat claims force APAC governments to partner reinsurers: S&P
Government-backed cat pools and widening agri cover are seen as ways to maintain affordability.
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- September 9 2022
APAC renewables to generate US$59bn of premium by 2035: Swiss Re report
Property and casualty sector global real premiums will grow by around 2.7% in 2023.
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- August 29 2022
CPIC P&C combined ratio improves to 97.2% in H1 2022
P&C GWP saw a 12.3% increase driven by agriculture and health businesses.
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- August 27 2022
Five major Chinese (re)insurers likely to be hit by drought: source
IAN understands that PICC, China Insurance (CIC), China Life P&C, CPIC and China Agricultural Re all face claims.
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- August 22 2022
Cambodia to pilot fish-farming insurance by year-end: report
The programme will be introduced in Pursat, Battambang and Siem Reap provinces.
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- July 27 2022
J.B. Boda makes two leadership appointments in agriculture push
Neelam Kumar Gupta and B R Sharath have joined the broker in India.
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- July 1 2022
Philippine Crop Insurance placed under close regulatory supervision
PCIC was found to be “very exposed to catastrophe losses which are not reinsured.”
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- June 29 2022
Thailand’s new cannabis rules attract capacity
MGA Frontier sees D&O opportunity amid thousands of license applications to grow as a cash crop.
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- June 24 2022
PICC teams up with NDRC on agriculture insurance: reports
Cooperation in product innovation, agricultural product cost investigation, designated counties development and data sharing will be carried out.
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- June 7 2022
World Bank slams Philippines government agency for poor provision of agri cover
PCIC should develop appropriate index-insurance products for its stakeholders.
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- May 10 2022
WTW launches product for fishing communities in Melanesia
Fiji and Papua New Guinea face potentially devastating impact from climate change.
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- April 13 2022
Asia’s agri market sees parametric growth
The sector is faced with a significant protection gap that needs more innovative underwriting.
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- April 11 2022
Agriculture exposes China United Property to cat losses: Fitch
Agriculture insurance generated nearly 22% of the insurer’s total premiums in 2021.
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- March 29 2022
CPIC P&C arm hits US$1bn net profit in 2021
Agriculture, liability and health lines all saw double digit GWP growth during the year.
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- March 3 2022
FMG supported by pricing strategy, investment returns: AM Best
The rural insurer had positive underwriting results in the first nine months of FY 2022.
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- March 1 2022
More government support needed for crop risk pools
Asian Development Bank official argues for market-based hybrid solutions.
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- December 31 2021
Japan’s ‘Big Three’ primed for SE Asia growth
Sompo, Tokio Marine and MS&AD have all launched a number of initiatives in Thailand, Vietnam and Singapore this year.
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- December 30 2021
China Pacific Property Insurance to get non-motor boost
Moody's report suggests agriculture could be a key source of premium growth for the P&C player.
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- November 3 2021
China’s motor reforms take a toll
P&C lines are down by 7.6% this year after the CBIRC's auto insurance revamp.
