Mitsui Sumitomo facing lunar loss after ispace mission failure
April 28 2023 by Marcus Alcock
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Allianz Commercial’s Sandric targets double-digit growth in Asia but cautions on market softening
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The carrier aims to be a leader in the region's competitive commercial risks space and expand its alternative risk transfer solutions and multinational program offerings, the Asia chief executive told InsuranceAsia News.
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Hong Kong’s national security law eases US$100m political violence concerns
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The new law has lowered concerns of exposure to another event akin to the 2019 protest, still (re)insurers haven't relaxed underwriting considerations.
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Insurers wrestle with rising claims as lithium battery use widens
- April 17
The industry needed to define its positions on whether the battery fire is an operational risk for users, or a product liability risk, especially in the case of thermal runaway.
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IRDAI’s onshoring push may squeeze out cross-border reinsurers
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The Indian regulator’s plan to introduce collateral will raise costs, increase compliance and administrative burdens.
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