South Korean insurers’ K-ICS ratio falls below 200% for the first time, standing at 197.9%
June 18 2025 by Joana Nguyen
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Ex-Tropical Cyclone Alfred claims top 68,000, ARPC says, losses estimated at US$941m
- June 17
Majority of claims received are for food spoilage and property damage due to severe winds, fallen trees, or water ingress in homes.
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South Korea slashes recommended CAR for insurers to 130%: report
- June 11
Financial Services Commission will remove requirements related to net loss and insurance operating loss from the conditions for reversing emergency risk reserves.
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Manulife unit to re-domicile to Hong Kong from Bermuda in November
- June 9
Second insurer after Axa to shift its base under Hong Kong's new company re-domiciliation regime.
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New Zealand’s Natural Hazards Commission secures US$6.3bn in reinsurance cover
- June 9
The cover, renewed on June 1, includes NZ$225 million from a multi-year catastrophe bond issued in 2023.
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HSBC Asset Management | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
