risk management

Rising litigation costs pressure casualty reinsurers on reserves

Social inflation remains a key driver of casualty loss trends, an analyst said.

Asei battles weak underwriting, high reserves in 2024: Fitch Ratings

Underwriting performance deteriorated, with combined ratio surging to 187% in ‘24.

Tokio Marine & Nichido Fire underwriting profits to improve amidst rate hikes

Fitch expects premium rate increases to continue driving better underwriting results.

YF Life Insurance International faces challenges in new business margin

Fitch anticipates it will continue focusing on capital efficiency and product diversification.

Asteron Life to strengthen Resolution Life: Fitch Ratings

Asteron Life will form the second-largest life insurer in the country by premium.

New China Life Insurance's high equity allocation could raise risky-asset ratio

The company’s financial leverage ratio increased to 12% by mid-2024.

Singapore’s property insurance sees rate cuts in Q4

The rates are available for risks with favourable loss ratios and strong risk management.

Hong Kong underwriting flexibility rises amidst competition: Aon

Despite limited new business opportunities, the market continues to attract capacity.

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.