Seoul flooding hits P&C players with ‘material’ losses
August 15 2022 by Nick Ferguson
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MGA-led capacity set to enter APAC upstream energy market
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Further capacity from both new underwriting agencies and existing carriers that have set up new ESG vehicles is expected to enter the energy market this year, according to the latest analysis by WTW.
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Allianz Commercial’s Sandric targets double-digit growth in Asia but cautions on market softening
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The carrier aims to be a leader in the region's competitive commercial risks space and expand its alternative risk transfer solutions and multinational program offerings, the Asia chief executive told InsuranceAsia News.
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Hong Kong’s national security law eases US$100m political violence concerns
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The new law has lowered concerns of exposure to another event akin to the 2019 protest, still (re)insurers haven't relaxed underwriting considerations.
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Insurers wrestle with rising claims as lithium battery use widens
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The industry needed to define its positions on whether the battery fire is an operational risk for users, or a product liability risk, especially in the case of thermal runaway.
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