Troubled Thai P&C player seeks turnaround after Covid claim spike
June 17 2022 by Andrew Tjaardstra
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Tune Protect Re’s balance sheet strong, operating performance to improve post Covid-19: AM Best
- December 8
The rating agency has revised the outlook of travel-focused Malaysian carrier Tune Protect Re to positive from stable and affirmed the financial strength rating of B++ (good).
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International market’s appetite for Taiwan risks waning
- November 29
While domestic insurance capacity has been sapped by Covid losses, foreign carriers are shying away from writing business in the market due to historically soft markets and looming political risks.
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Taiwan non-life insurers to fully recover from pandemic challenges by year-end: AM Best
- October 24
The rating agency maintained a negative outlook on Taiwan’s non-life insurance segment, citing increased reinsurance costs and a decline in the asset base.
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QBE and MS First Capital withdraw Covid BI appeal against Thailand resort owner
- October 19
Relax Beach, which owns Le Meridien Phuket Beach Resort, now stand to potentially receive millions of dollars in claims after it was forced to close in April 2020.
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Capital Consulting International seeks to expand into new markets and double its APAC presence
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
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Peak Re | From cybercrime to mental well-being: evolving needs of emerging Asia
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.
