PICC P&C 2022 premium income rose 8.3% to US$70bn
January 13 2023 by InsuranceAsia News
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LA wildfires unlikely to impact APAC (re)insurers due to ‘limited’ exposure: Fitch
- February 7
Rating agency expects insured losses from the wildfires to significantly exceed previous records, with industry estimates ranging from US$35-50bn.
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Asia insurance rates decline 3% in Q4 2024, driven by cyber and finpro lines: Marsh
- February 5
Cyber rates drop by 11%, while finpro falls 9%, both extending the previous quarterly declines in 2024, according to the latest Global Insurance Market Index by the broker.
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Pacific rates suffer largest drop in Q4 2024, driven by finpro, cyber and property lines: Marsh
- February 5
Finpro premiums fell by 12%, while cyber and property declined by 8%, according to the Global Insurance Market Index.
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Great American elevates Vanessa Teo to deputy CEO of Singapore branch
- February 3
Teo, most recently chief financial and operating officer, will continue to oversee finance and operations of the carrier's only Asian office, while also taking on broader strategic responsibilities.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
