Subject: Risk Page 21 / 25
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- October 6 2015
World’s biggest insurers need to raise capital buffer
New IAIS rules have been finalised to prevent too-big-to-fail insurers from needing bailouts.
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- October 5 2015
Cambodia urged to insure bank deposits
Cambodia and Myanmar are the only countries in Asean that do not insure deposits.
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- October 5 2015
Quake insurance could rise by up to 50% in Japan
Japanese nonlife insurers plan to raise quake insurance premium rates in 36 prefectures.
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- October 2 2015
Imported luxury cars pose liability risk in Korea
A consumer group has called for a cap on insurance payments on expensive imported cars.
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- October 1 2015
China’s insurance premium growth slowing
CIRC data shows growth slowed to 19.5% during the first eight months of the year.
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- October 1 2015
Contamination in Tianjin to push up cost to insurers
Chemical contamination in the Chinese port of Tianjin is likely to add to the total losses.
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- September 30 2015
China removes life insurance interest-rate cap
The new policy will return pricing power to insurers and encourage market-based products.
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- September 29 2015
China eyes Bermuda reinsurance market after Tianjin
The explosions in Tianjin are spurring China to consider new sources of insurance.
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- September 24 2015
Japanese insurers’ face US$165m claims for Tianjin blasts
The country's top-four nonlife insurers will pay out claims for damage to finished automobiles.
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- September 24 2015
Interest for RSA Insurance likely to come from Asia
CEO Stephen Hester says the insurer will get other approaches after Zurich pulls out.
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- September 24 2015
Korean insurers’ RBC ratios hit two-year low
Risk-based capital ratios of 56 insurers dipped to an average of 278.2% in the second quarter.
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- September 23 2015
Moody’s keeps stable outlook for Chinese insurers
The credit rating agency warned China's insurers on headwinds that may affect creditworthiness.
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- September 22 2015
Fire premiums on the rise in Japan
The increase is being driven a number of large-scale natural disasters in recent years.
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- September 22 2015
Zurich abandons US$8.7bn RSA bid
It is puling out of a bid to acquire the British insurer due to a US$200m loss in Q3.
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- September 21 2015
Thailand launches SME loan insurance scheme
SMEs with outstanding debt payments will be able to insure loans for as much as US$2.8bn.
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- September 18 2015
Asia-Pacific outsourced insurance assets likely to surge
Growth is driven by regulatory clarity and innovations in accounting and risk controls.
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- September 18 2015
SE Asian risk managers urged to exploit low rates
Lloyd's chief says falling insurance premiums represent opportunity to boost coverage.
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- September 17 2015
Japan’s top insurers set to pay US$822m for typhoon damages
Payments for this fiscal year could mark the highest typhoon-related pay-out since 2011.
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- September 17 2015
Cargo losses from Tianjin blasts could reach US$6bn
Significant impact on the marine insurance sector should serve as wake-up call to all cargo insurers.
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- September 17 2015
Commercial rates continue to plunge globally
Declines are driven by the benign loss environment and abundance of global capacity, says Marsh.
