RACQ appoints Bank of America for potential sale: report
May 10 2024 by InsuranceAsia News
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South Korean motor insurance net profit falls 40.2% as accidents rise
- September 10
The number of accidents rose 3.4% to 1.84 million, as the segment's COR worsened by 2.4 percentage points to 96.6%, preliminary data from the Financial Supervisory Service shows.
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Cambodia to join Asean compulsory motor insurance system
- September 4
The system provides vehicle mandatory third-party liability cover to vehicles transiting across the borders of 10 Asean countries.
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PICC P&C H1 underwriting profit down 5% as liability insurance losses bite
- August 28
Underwriting profit for China's largest P&C insurer totalled US$1.26bn, as COR edged up 0.4 percentage points to 96.2%
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Japan’s big 4 plan to increase motor premiums by 3.5-5% in January 2025: report
- August 27
The rate hikes have been triggered by higher payouts amidst rising prices and a growing number of nat cat events.
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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.
