Korea’s life and non-life insurers suffer contrasting fates
August 12 2016 by InsuranceAsia News-
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.
-
Emerging capital standards to increase Korea, HK and Taiwan insurance consolidation: Fitch Ratings
- November 15
Regulators in the Asia Pacific region are upgrading existing solvency frameworks with a growing emphasis on aligning with ICS, IFRS 17 and other global regimes.
-
South Korea’s non-life insurance outlook stable on new regulations, strong P&C, motor results: AM Best
- November 15
In terms of challenges faced by the segment, AM Best highlighted slower expansion of auto insurance owing to recent rate cuts and sluggish growth in motor vehicle registrations as a key factor.
-
AIG Korea takes Aon’s Han Bit Kim as financial lines underwriter
- November 12
Seoul-based Kim was most recently manager for the broker focused on the dynamics of large complex insurance policies.
-
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.
-
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.
-
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.
-
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.