Tencent-backed Hong Kong reinsurer FuSure to stay profitable with a single-digit return
May 25 2023 by InsuranceAsia News Staff
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Tokio Marine Indonesia’s 2022 COR at 84%: AM Best
- June 9
The credit rating agency has affirmed an A- (excellent) rating with a stable outlook for the Indonesian carrier.
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Hyundai Marine to benefit from transition to IFRS 17: AM Best
- June 9
The carrier was facing 'considerable pressure' on its capital position in FY 2022 due to valuation losses, which can now be reduced.
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Sri Lankan insurers’ profits to be hit by inflation, currency devaluation: Fitch
- June 8
Underwriting profit for P&C insurers to be squeezed by rising motor spare-part costs, while sparse foreign-currency liquidity is hampering firms.
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Petronas’ captive could see further stress ahead, outlook negative: AM Best
- June 5
Outlook for Energas Insurance, which had a COR of 106% for FY 2022, has been downgraded to negative by the rating agency.
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Zurich | Aligning your climate resilience strategy with evolving disclosure requirements
Climate reporting as a mere checkbox exercise may not yield meaningful information if companies fail to manage their risks.
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Guy Carpenter | Dedicated reinsurance capital for Asia life business
Reforms and accounting changes in the region are forcing life insurers to optimise their capital position and improve shareholder returns.
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Sedgwick | The digital revolution: how technology is transforming claims
Asia’s insurance market needs to embrace digital and data capabilities to improve client satisfaction.
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Allianz Re | Securing India’s energy transition
Innovation and expertise are key to (re)insuring the country’s ambitious transition-to-renewables story.
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AXA XL | The art market in Asia: vibrant, dynamic and flourishing
The region's art scene has come roaring back after the pandemic.
