risk management
P&I clubs face offset of gains by rising pool claims
P&I clubs face offset of gains by rising pool claims
AM Best also expects further rate adjustments in upcoming renewals.
Global insurance protection gap hits 60% amidst warming
Total economic losses exceeded $350b in 2024.
Dai-ichi Life maintains stable outlook: AM Best
The parent company saw its total reported capital rise by 46% YoY.
Well Link Life Insurance's investment yield aims for double digits
AM Best expects the company’s medium-term balance sheet to remain strong.
Life insurers in Japan to see earnings boost in 2025
Insurers are expanding overseas and non-insurance amidst demographic decline.
MSIG Asia, RiskPoint bet on renewable energy insurance
The Asia-Pacific region could attract $3t of investments in power generation by 2033.
AM Best cautions on reserve strengthening in 2025
Casualty renewals raised concerns over profitability.
Hong Leong’s underwriting profitability to continue
Its shift toward fixed-income securities is expected to reduce volatility.
Meiji Yasuda's LGA buy to boost core profits: Fitch Ratings
Core profits could rise $59m yearly.
APAC insurers stable despite LA wildfires, says Fitch
Japanese non-life insurers operating in the US are expected to manage their losses.
IFRS 17 raises financial statement clarity: Fitch
APAC insurers are reconsidering product offerings.
TONG YANG Life maintains stability amidst ownership change
Fitch notes that the transaction could impact business strategy.
APAC insurers wary of geopolitical instability in next two years
Cyber threats, on the other hand, are a moderate to severe risk.
PT Asuransi's capital strength to stay strong into medium-term
AM Best views TUGU’s investment portfolio to be of moderate risk.
Dai-ichi Life to cut equity risk by over 50% by 2030: Fitch Ratings
Its financial leverage is also seen to remain below 23%.
Japanese insurers see profit surge in H1 2024, investment gains
The outlook for fiscal 2024 remains positive, said CreditSights.
Insurance sector to aid in New Zealand climate policy development
The CE said a large portion of NZ-ers live in high-risk areas.
Commentary
AI isn’t replacing insurance, it’s finally making it work