Asia Pacific reinsurance market finds a new equilibrium
July 12 2024 by Kristina Shperlik
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Korea’s lithium fire sparks calls for global safety standards
- July 16
Underwriting guidelines must consider various factors to price battery risks, including the quality of manufacture, testing and certification, and the separation and containment of units, especially in light of the Aricell factory fire.
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Trade credit insurers expect ‘harder’ market as insolvencies return to pre-Covid highs
- July 15
A 'buyer’s market' prevails as claims have yet to exceed pre-pandemic levels. But rising geopolitical and trade tensions have boosted intra-Asia trade and insurance demand, with some carriers expanding investments in the region.
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Asia carriers looking to extend renewables capacity as projects soar
- July 11
Large and complex regional projects exposed to nat cat risks could still find it hard to secure insurance as they require specialist underwriting expertise from London markets.
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Zurich turbocharges Hong Kong EV insurance business by courting used car owners
- July 10
As a key growth area for the city, Zurich has dialled up its effort to attract EV policyholders to switch from competitors and is exploring more product opportunities for the Greater Bay Area, says Clement Hau, chief underwriting officer for general insurance, Hong Kong.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
