South Korean motor insurance net profit falls 40.2% as accidents rise
September 10 2024 by InsuranceAsia News
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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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Nepal’s Air Dynasty helicopter crash leads to US$1.4m total loss
- August 8
The chopper was insured with Sagarmatha Lumbini Insurance, which already had four helicopter losses in the country in 2023, and Nepal Reinsurance is the reinsurer involved in the latest crash, IAN understands.
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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.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.
