Korea sets up committee for insurance, banking licences
May 4 2018 by InsuranceAsia News-
Industry review, new corporate info drive Fitch upgrade for Construction Guarantee
- October 20
While the rating agency expects CG’s capital strength to remain stable, COR rose to 126% in 2024 from 68% in 2022, driven by higher guarantee claims and additional reserves amid economic strain, high interest rates and rising construction costs.
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Lawmakers to question major Korean carriers over high disaster insurance premiums, margins: report
- October 14
The National Assembly has summoned chief executives of Samsung Fire & Marine, DB Insurance, Hyundai Marine & Fire, KB Insurance, Hanwha General Insurance, Meritz Fire & Marine and NH NongHyup Property & Casualty Insurance.
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Regulatory pressure weighs on Korean digital insurers: report
- October 2
The industry is calling for regulations tailored to startup carriers, including easing the application of K-ICS.
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DB Insurance clinches US$1.65bn deal for US specialty carrier Fortegra
- September 26
The Korean insurer will acquire a 100% of the Warburg Pincus-backed Tiptree subsidiary.
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Sedgwick | Preparing for the next storm
How the industry is leveraging these times to strengthen readiness and innovation
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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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.