UN chief urges insurance industry to ease disaster-related financial burden
June 22 2015 by InsuranceAsia News-
Hong Kong posts strong gross premiums in 2025, but P&C underwriting profits hit by Wang Fuk Court
- April 24
Underwriting profits in Hong Kong's onshore property damage business fell last year by 97.2% due to reserving and losses arising from the Wang Fuk Court tragedy in November.
-
Pacific insurance rates drop 12% in Q1, extending soft market streak to 2 years: Marsh
- April 22
Region saw the steepest decline in rates globally, according to Marsh’s Global Insurance Market Index.
-
Asia insurance rates fall for ninth straight quarter: Marsh
- April 22
Property, casualty, finpro, and cyber lines all saw rate reductions amid strong insurer competition and evolving risk landscapes, according to Marsh’s Global Insurance Market Index.
-
IRDAI retains 4% obligatory cession for FY27 renewals
- April 19
Cession to state-owned GIC Re will apply to policies attaching in the current financial year, which ends on March 31, 2027.
-
BHSI | D&O in Asia in 2026: navigating geopolitics, insolvencies, and digital crackdowns without breaking the bank
A soft market presents organisations with opportunities to strengthen resilience, although the abundance of capacity is unlikely to persist.
-
QBE | Elevating customer experience, humanising claims: QBE Asia’s ‘Solutions in a Box’
Vastly improving turnaround times and personalising service delivery, QBE Asia’s award-winning, end-to-end bundled claims solutions is a game-changer for the insurance industry.
-
Beazley | What does cyber protection look like from day 1 to day 600 and beyond?
Cybersecurity is no longer just an IT concern, but a governance issue that belongs on the boardroom agenda.
-
Sedgwick | Preparing for the next storm
Insurance industry needs to recalibrate, invest in innovation and strengthen systems, talent and data practices.