risk management
Taiwan insurers expand FX reserves after dollar appreciation: AM Best
Taiwan insurers expand FX reserves after dollar appreciation: AM Best
70% of Taiwanese life insurers’ portfolios were allocated to foreign investments.
China’s capital charge cut to spur insurers’ equity investment
State Council Information Office announced a 10% reduction in the capital charge.
S&P flags distribution risk for Helia after CBA contract loss
Although Helia is expected to retain approximately 21% GWP.
APAC insurers brace for trade risks with strong capital buffers: S&P
Shocks will be widespread but will not be evenly distributed across the sector.
AM Best says Shinkong Insurance to sustain strong profits
The insurer accounted for 16.4% of Taiwan’s domestic non-life sector.
Tokio Marine and Nichido Fire China maintains stable outlook
It is expected to pursue opportunities tied to Japanese-affiliated industries in China.
Swiss Re warns motor insurers on rising claims pressures
Last year saw 90 million car sales, which required mandatory motor coverage.
S&P says quake losses in Thailand capped by reinsurers
Thai insurers have strengthened their reinsurance coverage over the years.
Central Asia insurers diversify portfolios with reinsurance play: AM Best
Despite the shift possibly driving profits, AM Best still warns of risks.
Regional disaster insurance pools sign $5.4m collaboration agreement
The grant will be used to build a joint learning network.
GCube urges insurers to close risk gap in renewable projects
Severe risks have greatly impacted the project bankability of renewables.
China launches tip-off portal for insurance fraud reporting
Informants may receive a one-time reward ranging from$27.8 to $27,427.
AM Best expects CMB Wing Lung Insurance's capital strength to continue
The insurer’s capital and surplus rose to $400m (HK$3.1b) at the end of 2023.
Hong Kong expands ECIC cover with SME export support
ECIC will extend free pre-shipment cover for holders of its Small Business Policy.
S&P warns trade volatility may pressure reinsurer portfolios
Top 19 global reinsurers are expected to absorb around 20% of personal lines losses.
Nan Shan General’s high dividend payout to slow organic growth
AM Best it to continue to focus on domestic fixed-income investments.
ClearView gains stability with pivot to core life insurance
Its exit from non-core operations will streamline its focus toward profitability.