risk management
China’s capital charge cut to spur insurers’ equity investment
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.
Allianz flags rising business exposure to civil unrest risk
APAC recorded nearly 40,000 protests and riots in 2024, highest globally.
Commentary
AI isn’t replacing insurance, it’s finally making it work