Queensland’s CS Energy sues five insurers for US$195m claims from explosion: report
February 16 2024 by InsuranceAsia News- Liability
- Business Interruption
- Legal
- Lloyd's
- P&C
- Property & Casualty
- Australia
- AIG
- Allianz
- BHSI
- Liberty Mutual Reinsurance
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South Korean motor insurance net profit falls 40.2% as car accidents rise
- September 10
The number of accidents rose 3.4% to 1.84 million, as the segment's combined ratio worsened by 2.4 percentage points to 96.6%, preliminary data from the Financial Supervisory Service shows.
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Australian carriers’ H1 2024 capacity ample except for PFAS, US exposures: Marsh
- August 29
The first half of the year saw improvement in market competition and the return of insurer choice for buyers, which had not been generally seen since 2017.
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Australia’s FTA Insurance expands public and products liability team with two hires
- August 20
Both Melbourne-based, Daniel Malic joins the financial lines-focused Lloyd's coverholder as national general liability manager, as Janelle Ferraro joins as general liability underwriter.
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QBE strikes US$1.6bn loss portfolio transfer deal with Enstar, RiverStone
- August 9
Enstar’s subsidiary will assume US$376m out of total net loss reserves for US commercial liability and workers' compensation risks, effective July 1, and will provide approximately US$175m of cover in excess of the ceded reserves.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.