Persian Gulf marine war risk premiums soar
June 17 2019 by InsuranceAsia News
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Strait of Hormuz in spotlight as Middle East war risks rise
- October 23
With a huge amount of oil and gas passing through the strait everyday, Asia's marine (re)insurance market on high alert as regional tensions escalate and premiums rise.
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Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
- May 10
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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Political risk rises as US imposes more sanctions on Iran
- December 12
Tensions are rising in the Middle East again.
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Claimed attack on Iranian tanker to raise war risk rates
- October 16
The latest incident in the Middle East will drive rates up further.
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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.
