Line of business: ART Page 5 / 6
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- May 18 2022
Petronas’ captive rating boosted by favourable COR: AM Best
Energas Insurance has has a five-year average combined operating ratio of 66%.
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- May 13 2022
Reinsurance pool to fall ‘short of expectations’: Aussie coverholder
Redicova, a provider of parametric wind insurance, predicts a 10% reduction in premiums.
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- April 29 2022
Munich Re Asia exec: Covid-19 not a Black Swan event like 9/11
Underwriter tells Lloyd's webinar that pandemics are on the increase - and parametric cover can help.
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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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- February 14 2022
MGA FloodFlash targets Japan, Australia after raising US$15m
Investors in the parametric insurtech include MS&AD Ventures and Munich Re Ventures.
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- January 31 2022
Descartes Underwriting eyes Hong Kong after US$120m raise
The parametric specialist is also seeking to expand its Singapore and Sydney hubs.
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- January 13 2022
India pressed for pandemic risk pool
The regulator has been working on the project with a private and public partnership the most likely outcome.
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- December 8 2021
An alternative way to weather the hard market
Captives and parametric cover are examples of innovative solutions.
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- December 3 2021
Labuan’s captive market shows strong growth
Buoyed by the hard market, Labuan recorded US$71m in premiums and approved 18 new captives by the end of Q3 2021.
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- October 28 2021
Parima 2021: Institutional capital an alternative to traditional capacity
Aon's new Asia CEO cites ability of pension funds and sovereign wealth funds to provide the market with different options.
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- September 20 2021
Cosco Shipping’s captive to see steady premium growth: AM Best
The captive benefits from low distribution costs for group-related business and a favourable reinsurance environment.
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- September 2 2021
China Railway’s captive saw US$89m GWP in 2020: Moody’s
The rating agency notes that the insurer's combined ratio rose to 91% in 2020 from 75% the previous year.
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- June 9 2021
Asia’s emerging risks drive interest in captives
Some in the region are looking for alternatives to traditional insurance.
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- May 6 2021
Labuan GWP hits US$1.6bn driven by captives and reinsurance
The Labuan FSA said premiums grew by 6.7% over the course of 2020.
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- April 30 2021
Asia’s captives gain allure as market hardens
Singapore well-placed to benefit as premiums forecast to grow and placement becomes more difficult.
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- February 25 2021
Hong Kong targets captives, specialty and ILS in budget
Finance chief Paul Chan has outlined tax breaks and plans to expand the captive market.
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- February 16 2021
Hong Kong captive market to step up in 2021
Market experts tell IAN that regulations are making it hard to attract businesses from beyond China.
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- October 28 2020
HK’s regulator prioritises captives, ILS and mainland integration
The HK Insurance Authority wants to be the "ideal global domicile for captives".
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- September 15 2020
Labuan attracts first half captive boom
The Malaysian island territory is becoming more competitive on the global stage.
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- July 9 2020
Insurance Authority’s Cheung on HK’s regulatory path
The regulator wants to promote confidence in HK's market potential, and its cross-border tie-ups.