News
Toa Reinsurance faces volatility risks despite stable core operations: S&P Global Ratings
Refinements to its liquidity ratio calculation improved liquidity assessment.
Toa Reinsurance faces volatility risks despite stable core operations: S&P Global Ratings
Refinements to its liquidity ratio calculation improved liquidity assessment.
Seoul Guarantee Insurance IPO could resurface: Report
After a failed attempt last year from weak demand, it hopes to recover part of its public funds injected during the 1998 forex crisis.
Noto earthquake hit 22,000 homes, loss estimate still at $6b
The losses covered damages from secondary impacts such as fire, tsunami, landslide, and liquefaction-induced ground movement.
HKIA meets with NFRA, eyes bolstering HK and mainland market
HKIA executives and the NFRA minister discussed opportunities within the Guangdong-Hong Kong-Macao Greater Bay Area.
Auto & General hit with AU$50m capital blow in APRA’s risk crackdown
The company has accepted the findings and committed to the remediation programme.
Marsh McLennan’s 2023 revenue climbs 10%
Risk, insurance and consulting services contributed to the YoY performance.
Gallagher's revenue surges 20% in Q4’23
A total of 50 acquisitions happened for the year, higher than the 36 in 2022.
GIAJ initiates survey for efficient assessment and claim payments after earthquake
The survey will be conducted through the use of aerial and satellite photography.
Regulator urges Sompo Japan to address corporate culture after Bigmotor scandal: Report
Bigmotor was involved in charging excessive repair fees.
Japan bucks trend, positive asset returns boost pension index in Q4’23
The pension index decreased across regions for the full year, with single-digit decreases, except for Japan and the US.
Int’l association establishes roadmap, prioritises ICS
The roadmap pans out five high-level goals with key projects and objectives.
Actuaries Institute urges overhauling Australia's retirement system
The white paper calls for a regulatory framework for superannuation trustees.
Phl’s microinsurance expands 19.6% YoY in Q3’23
Over 56 million Filipinos were insured during the third quarter.
AM Best addresses concerns on China's economic slowdown, highlights insurer financial security
China will diversify its sources of economic growth to counteract the impact of an ageing and declining population.
Insurance-linked securities to tackle Asia's growing climate protection gap – HKIA
Hong Kong's potential role in leveraging its mature insurance and capital markets to provide alternative risk transfer tools can address NatCat risks.
Howden Asia reels in new chief client officer
Mike Baker will collaborate with Howden’s multinational client practice.
Meiji Yasuda's operating performance backed by solid balance sheet – AM Best
The insurer has demonstrated a large premium revenue stream and strong base profits.