Super typhoon Yagi hit Vietnamese insurers with US$285m in claims payout
September 13 2024 by Joana Nguyen
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Peak Re reports 25.1% GWP growth to US$1bn H1 FY25
- August 28
Reinsurer's revenue also grew by 36.8% to US$661 million compared to the first half of 2024, according to a stock exchange filing by parent company Fosun International.
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MG Non-Life’s bridge insurer set for launch as labour union agrees to 55% employee retention: report
- August 21
Yebyeol Non-life, the temporary insurer set up to manage the troubled carrier's insurance contracts, is likely to be launched next month following an agreement with the labour union.
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ZhongAn interim profit soars as underwriting gains, COR drops to 95.6%
- August 21
The Chinese online insurer reported underwriting profit of US$90m, up 109% year-on-year.
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Sompo’s Q1 P&C profit up 37% on strong domestic performance
- August 14
Japan unit reports 96.1% COR, a 7.2 percentage points improvement from 103.3% a year ago on strong fire and motor results.
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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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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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
