Three Japanese majors to raise motor premiums for first time in four years; Sompo Japan postpones hike: reports
August 31 2023 by Mithun Varkey
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FSA searches Sompo Japan premises over Bigmotor probe: report
- September 19
The inspection is to determine the extent to which the insurer was aware of Bigmotor's fraudulent activity.
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Pacific & Orient Insurance to see more underwriting stress ahead: Fitch
- September 14
Fitch Ratings has affirmed the company an insurer rating of'BBB+' (good), with a stable outlook mainly taking into account strong capitalisation.
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Claims from Typhoon Saola and black rain event of ‘large scale and continue to escalate’: HKIA
- September 12
The two storms have caused significant motor and property losses, with the regulator urging insurers to make adequate resources available to settle claims.
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Hong Kong to see most claims since 2018 typhoon after record rainfall; Shenzhen also hit
- September 11
Rates to harden as insurers count costs of BI claims, damage to vehicles, flats, roads, hotels, shopping malls and metro stations caused by flooding, according to market experts.
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Marsh | Closing the nat cat protection gap with effective physical climate risk mitigation
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Zurich | Designing result-driven embedded insurance propositions
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Peak Re | Unlock the potential of South-East Asia insurance markets
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QBE | Building supply chain resilience for business sustainability
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