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- January 8 2024
APAC 1.1 renewals got done ‘for right rates on right terms’
With 10% additional capacity, loss-free and cat XL programs were flat or up to 5-10%, while loss-affected ones saw 25-30% hikes, say regional experts from Guy Carpenter, Peak Re and TransRe.
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- January 4 2024
‘Smooth’ 1.1 renewals as ample capacity, earnings rebound drive reinsurer appetite: Aon
Agggregate covers are back on the table but property per risk renewals remain challenging due to loss activity, says the broker.
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- November 29 2023
International market’s appetite for Taiwan risks waning
While domestic insurance capacity has been sapped by Covid losses, foreign carriers are shying away from writing business in the market due to historically soft markets and looming political risks.
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- November 16 2023
Carrot Insurance plans to raise US$230m by next year: report
The Hanwha Group-backed Korean digital insurer is seeking to secure funds through a paid-in capital increase allocated to shareholders and is aimed for better capital adequacy and investment funds.
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- November 3 2023
SIRC: Much more to be done to convince capital markets — Peak Re’s Hahn
Franz-Josef Hahn, the reinsurer's CEO, and Jasmine Miow, director of South Asia and SE Asia, spoke to IAN on nat cats, ILS, Asia's rising middle class and professional lines.
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- November 1 2023
APRA applies US$12.7m capital requirement to RAC Insurance after governance review
A review by the regulator revealed significant weaknesses in areas of outsourcing controls, conflict management and board decision making at the Western Australia motor insurer.
