Thailand’s non-life 2023 underwriting profit at US$380m after US$1.5bn loss in 2022: AM Best
March 3 2025 by Kristina Shperlik
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Tune Protect’s insurance revenue up 4% to US$87.2m in FY24
- March 3
Net insurance service result more than doubled, mainly attributable to improvement in the acquisition cost due to changes in the company's portfolio mix, as well as a lower reinsurance ratio.
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Suncorp to settle class action suit over add-on sales
- March 1
Settlement must be approved by the Supreme Court of Victoria, but no date has been set for the hearing,
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Munich Re names Hanh Nguyen head of treaty P&C underwriting for Southeast Asia, India
- February 24
Nguyen has been deputy head since July, and will succeed Joachim Zagrosek on March 1.
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Australia’s higher premiums may stifle new policy growth, lead to underinsurance: S&P Global
- February 24
Insurance is already very costly in Australia's high-risk areas, and premiums are unlikely to fall anytime soon, S&P Global Ratings said in a report.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
