Underwriting restructuring to help Korea P&I withstand severe losses: AM Best
August 26 2024 by InsuranceAsia News
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International Group P&I 2025-26 renewals see rate hikes across categories
- December 20
Fully cellular container ships (FCC) experience the largest rate increase, rising by 23.6%, while clean tankers see an 8.9% increase.
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Japan P&I Club announces 7% premium hike for 2025 renewal amid inflation and uncertainties
- December 10
The increase applies for owners’ and charterers’ entries, while rates for Japanese coastal vessels and FD&D cover remain unchanged.
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UK P&I Club promotes Richard Offord to Singapore branch chief executive
- November 29
Offord will replace Yiah Soon Ng, who will retire after leading the Singapore office for more than 27 years.
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Kamel Tlili takes over as TT Club’s Singapore chief executive as Yiah Soon Ng retires
- November 28
Tlili, who joined the insurer as regional general manager for Asia Pacific 12 months ago, has taken on the additional responsibility.
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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.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
