Over the past 25 years since the establishment of Allianz Reinsurance in Asia Pacific, the reinsurer has ...
Pakistan: Insurance regulator says IFRS 17 adoption is one of its priorities
The adoption of international reporting standards and the modernisation of Pakistan's insurance industry will remain critical priorities for the...
The adoption of international reporting standards and the modernisation of Pakistan's insurance industry will remain critical priorities for the...
Article / 2 days ago
Hong Kong: Peak Re creates new team
Peak Re has expanded its structured solutions team. The newly-created team will operate independently and maintain a close working relationship with Peak Re's P&C and L&H business...
Peak Re has expanded its structured solutions team. The newly-created team will operate independently and maintain a close working relationship with Peak Re's P&C and L&H business...
Article / 2 days ago
Insurers investing excess cash in private markets
Nearly three quarter of insurers are investing in private markets or plan to do so as firms put excess cash to work according to a global survey....
Nearly three quarter of insurers are investing in private markets or plan to do so as firms put excess cash to work according to a global survey....
Article / 3 days ago
Hong Kong: Moody's changes Peak Re's ratings outlook to 'Stable'
Moody's Ratings (Moody's) has changed the outlook to 'Stable' from 'Negative' of Peak Reinsurance (Peak Re) and it affirms the reinsurer's 'Baa1'...
Moody's Ratings (Moody's) has changed the outlook to 'Stable' from 'Negative' of Peak Reinsurance (Peak Re) and it affirms the reinsurer's 'Baa1'...
Article / 5 days ago
New Zealand: Review of earthquake-prone buildings brought forward
The government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four...
The government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four...
Article / 8 days ago
India: Emergence and growth of insurance lines will require additional capacity
Closing India's large protection gaps and supporting the growth of new and existing insurance lines will require significant additional capacity, as...
Closing India's large protection gaps and supporting the growth of new and existing insurance lines will require significant additional capacity, as...
Article / 8 days ago
Taiwan: 3 April quake results so far in claims totalling at least US$23.5m
The 3 April magnitude-7.2 Hualien earthquake has led to at least 472 insurance claims and resulted in losses amounting to at least NT$762m ($23.5m) as...
The 3 April magnitude-7.2 Hualien earthquake has led to at least 472 insurance claims and resulted in losses amounting to at least NT$762m ($23.5m) as...
Article / 9 days ago
India: GST Council discusses exempting reinsurance from GST
India's Goods and Services Tax (GST) Council is set to review exempting reinsurance business from GST. The review is likely to be held after the general elections which...
India's Goods and Services Tax (GST) Council is set to review exempting reinsurance business from GST. The review is likely to be held after the general elections which...
Article / 9 days ago
Thailand: General insurers expected to enter period of consolidation
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
Article / 11 days ago
Taiwan: Regulator announces EV insurance to be launched on 1 July
Insurance specific to electric vehicles (EVs) will be launched on 1 July 2024, the Financial Supervisory Commission (FSC) announced....
Insurance specific to electric vehicles (EVs) will be launched on 1 July 2024, the Financial Supervisory Commission (FSC) announced....
Article / 12 days ago