Bangkok Insurance COR projected at 85%-90% over the next two years: S&P Global
July 16 2024 by InsuranceAsia News
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Hanoi flooding from Typhoon Kajiki expected to result in limited commercial claims
- August 27
While the windstorm has caused significant damage, it did not hit the industrial areas, unlike Typhoon Yagi last year.
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Allianz Trade appoints Tetsushi Kitano as Thailand country manager
- August 20
Kitano, with over 17 years at the trade credit insurer in Japan and Hong Kong, will continue to lead the Japan desk for Asean countries.
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Chubb pays US$321m for Liberty Mutual’s Thailand arm
- July 29
The acquisition of LMG Insurance was completed on April 1, with recognised goodwill of US$183m and intangible assets of US$57m, the insurer said in a stock exchange filing.
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Japan, Korea wildfires mark turning point in regional climate risk understanding: Willis
- July 29
Insured losses from nat cats 'will very likely' exceed US$100bn again this year, the broker said in a half-year report.
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Peak Re | From climate modelling to market opportunity: forging a new clarity on Southeast Asia’s climate risk
With the insurance industry facing an inflection point, the new imperative is seen as becoming active creators of risk intelligence.
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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.
