Myanmar’s protection gap exposed as 7.7-magnitude earthquake death toll tops 1,600
March 31 2025 by Kristina Shperlik
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Opulence launches cell captive in Labuan with China Re backing
- September 11
The captive insurance cell is endorsed by the Labuan Financial Services Authority and operates under Goldman Insurance PCCC, a protected cell company.
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Global offshore energy premiums declined 7.9% to US$4.34bn in 2024: IUMI
- September 10
Reduction was most pronounced in the European market, while Japan, Malaysia, and Egypt reported stable-to-downward trends, the International Union of Marine Insurance (IUMI) reported at its annual conference in Singapore this week.
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Indonesian protests to result in ‘substantial’ losses, but PV market capacity not a concern
- September 9
Claims likely to arise from riot, strikes, civil commotion and malicious damage perils from the protests which started in late August, sources told InsuranceAsia News.
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World Bank to back 5-year climate shield for Philippines agriculture
- September 9
US$70 million initiative will create a co-insurance pool that offer protection from escalating climate-related risks.
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
