APAC
Gallagher Re calls for nuanced view of PE-backed reinsurers
Gallagher Re calls for nuanced view of PE-backed reinsurers
Critics warn of short-term profit strategies risking stability and trust.
Global exposure growth reaches 11.7% YoY
IED for Wind Japan was stable against the Yen.
Asia energy firms seek lasting insurer partnerships
Widening desirability gap favours high-end clients, possibly easing rate trends in 2024.
Elevated risk environment prompts challenges for reserve management
Aggressive inflation has complicated loss predictions and could underestimate severity.
25% of employers to enhance insurance coverage in the next two years
More than half of companies are already offering health and wellbeing benefits.
Management addresses market demands at Jefferies call
Debt leverage remains within substantial headroom.
BNP Paribas to acquire Fosun’s 9% stake in Ageas for $774m
The acquisition will be done in two tranches.
Canopius partners with Group-IB for cyber insurance boost
It aims to provide Canopius policyholders with advanced threat intelligence.
Miller grows Cargo team with APAC hire
Albert Ferriolo will be collaborating with the global head of Cargo, Jamie Kearney.
Insurers struggle to balance customer acquisition and retention: study
Customer retention is crucial in markets where new buyer growth has stagnated.
Guy Carp appoints new managing director for credit, bond and political risk division
Chu has been in the reinsurance market throughout his 30-year career.
Private market investments surge amongst 73% of insurers
Optimising fixed income portfolios amongst prime investment opportunities for insurers in the next 12 months.
‘Super election year’ heightens political violence risks – Allianz Commercial
Financial impact of past civil unrest incidents reached around $13b.
GAIP details transformation in risk management towards net-zero
Asia experienced 81 climate-change related hazard events in 2022 alone.
IDF rolls out plan for resilient infrastructure
Its mission is to utilise insurance and risk management capabilities for climate resilience.
Conduct risk puts 54% of insurance CROs on high alert
38% of APAC insurers are implementing AI tools, higher than the global average of 22%.
Crawford and Company unveils new Asia president
He is rejoining the company after working with a multinational competitor adjusting business.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
