Line of business: Credit Page 3 / 3
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- September 7 2023
Analytics: Chinese P&C carriers focus on agri, liability offerings in acceleration away from motor
- Analytics
- China
- China Continent P&C
- China Pacific Insurance P&C
- PICC Property and Casualty
- Ping An
- Sunshine Insurance
Improved underwriting results, new products and a push from the government are driving growth, but an uncertain economic outlook has seen carriers rush to pare credit surety exposures.
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- August 24 2023
Seoul Guarantee Insurance passes Korea Stock Exchange IPO screening
The initial public offering, the first by a Korean state-owned company in 13 years, is expected to be completed by the end of October this year.
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- August 18 2023
Indonesia’s Covid-hit credit (re)insurance market not yet out of the woods
Despite significant reserve strengthening and re-underwriting of policies, uncertainty around the ultimate claims position remains given the long duration of products.
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- July 13 2023
HDI takes Markel’s James Guardino to enter Asian political & credit risk market
Guardino will report to Singapore managing director Graham Silton and Nick Robinson, HDI Global Specialty’s head of political and credit risk in London.
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- June 20 2023
Seoul Guarantee Insurance files for Korea Exchange listing: report
Samsung Securities and Mirae Asset Securities have been appointed as the lead underwriters for the proposed IPO.
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- March 28 2023
Sinosure underwriting results to see ‘marginal’ growth in long term: Fitch Ratings
The rating agency has affirmed the Chinese trade credit insurer's rating as A+ (strong) with a stable outlook.
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- March 13 2023
Seoul Credit Insurance to kick off pre-IPO roadshows in Hong Kong, Singapore
The Korea Deposit Insurance Corporation-owned insurer has reported a profit of US$433m in FY 2022.
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- February 13 2023
WTW bolsters Singapore credit and political risk practice
Deesha Doshi, who has worked at several international banks, joins as an executive director in the Lion City.
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- January 17 2023
Howden’s new capital risks arm makes senior APAC hire
Former National Australia Bank credit insurance buyer Christopher Evans joins as executive director of Howden CAP in Brisbane.
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- November 14 2022
Top Australian banks, insurers agree to settle credit insurance lawsuit for US$84m
QBE, Zurich and Colonial Mutual Life are among carriers that have agreed to the settlement in the class action initiated by Slater & Gordon.
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- August 19 2022
ADB signs US$1bn capacity deal with Tokio Marine, Chubb, Liberty, Allianz and Axa XL
The three-year agreement transfers credit risk from the bank's portfolio to the insurers’ balance sheets.
