South Korea’s Construction Guarantee faces stress from growing claims, 2023 COR at 125.36%: Fitch
October 29 2024 by InsuranceAsia News
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Asia Pacific fastest growing market for cyber insurance: S&P Global
- December 3
APAC 2019-2023 GWP growth was at 68% for the primary market and 69% for reinsurance compared with 38% and 56% globally, respectively.
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Allianz Australia acquires RAA’s general business for US$415m
- December 2
Allianz will underwrite the carrier's general insurance policies excluding travel and manage product, pricing and claims while RAA will handle marketing and distribution and continue offering products and services under its brand.
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Agile continues ANZ buildout with Jamie Connor promotion
- December 2
Connor's promotion to head of aviation for Australia and New Zealand aligns with the MGA's strategy to strengthen its position in the region since entering the NZ market in August.
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Seoul Guarantee Insurance could see decline in underwriting performance on a rise in paid claims: Fitch
- November 21
The rating agency has affirmed SGI’s rating at 'AA-' (very strong) with a stable outlook taking into account its strong capitalisation, financial performance, and the support it receives from the government.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at 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.
