Samsung P&C China to post underwriting losses for next two years: S&P Global
September 27 2024 by InsuranceAsia News-
India may consider a new turnaround plan for three general insurers: report
- September 24
While solvency ratio, consistently high claims ratios and losses or low profitability were the concerns that need to be addressed by the state-owned carriers, the government is likely to provide fiscal support to companies showing profits.
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Super typhoon Yagi hit Vietnamese insurers with US$285m in claims payout
- September 13
PVI Insurance, the largest non-life carrier, called it "a historically undesirable loss for Vietnam’s insurance industry" and for the company. The 9,000 claims filed are expected to keep rising, Ministry of Finance said.
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Multi-peril risks fuel demand for cat coverage: Hannover Re
- September 9
The reinsure anticipates prices and conditions to remain stable for the January 1, 2025, treaty renewals with supply and demand in most markets remaining balanced.
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China Taiping’s H1 domestic P&C profit doubles as reinsurance business reverses losses
- August 27
Its domestic China P&C’s operating profit surged to US$47.6m, as China's third-largest non-life reinsurer posted a US$63.9m operating profit for its reinsurance business.
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HSBC Asset Management | The hunt for diversification and performance revitalizes appetite for 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.
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PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
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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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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.