The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insuranc...
China: State-owned export insurer says it provides record coverage of almost US$1bn in 2023
China Export & Credit Insurance Corporation (Sinosure), the country's only policy-oriented export credit insurer, saw steady...
China Export & Credit Insurance Corporation (Sinosure), the country's only policy-oriented export credit insurer, saw steady...
Article / 3 months ago
China: Export credit insurer assessed to have unrealised foreign-currency losses in 2022
The overall accounting profitability of China Export & Credit Insurance Corporation (SINOSURE) is likely to have declined in 2022, due partially to unrealised foreign-currency...
The overall accounting profitability of China Export & Credit Insurance Corporation (SINOSURE) is likely to have declined in 2022, due partially to unrealised foreign-currency...
Article / 1 year ago
India: LIC says it is now more confident of Adani business prospects
The chairman of LIC has said that India's biggest insurer is more confident of its business prospects with the country's second-largest conglomerate,...
The chairman of LIC has said that India's biggest insurer is more confident of its business prospects with the country's second-largest conglomerate,...
Article / 1 year ago
Hong Kong: Moody's upgrades FWD Limited's ratings
Moody's Investors Service has upgraded the issuer rating and senior unsecured debt rating of pan-Asia insurer FWD Limited to 'Baa2' from 'Baa3', as...
Moody's Investors Service has upgraded the issuer rating and senior unsecured debt rating of pan-Asia insurer FWD Limited to 'Baa2' from 'Baa3', as...
Article / 1 year ago
New Zealand: Interim Solvency Standard takes effect from 1 Jan
The Reserve Bank of New Zealand (RBNZ) has issued its Interim Solvency Standard, after two years of planning and consultation with the insurance industry and other interested parties....
The Reserve Bank of New Zealand (RBNZ) has issued its Interim Solvency Standard, after two years of planning and consultation with the insurance industry and other interested parties....
Article / 2 years ago
Indonesia: Concern rises over growing credit insurance claims
Credit insurance claims reached IDR5.68 ($374m), equivalent to 27.38% of the value of total claims the general insurance sector, as of 31 July, according to industry data....
Credit insurance claims reached IDR5.68 ($374m), equivalent to 27.38% of the value of total claims the general insurance sector, as of 31 July, according to industry data....
Article / 2 years ago
Indonesia: Property and fire fuel 20% jump in 1H general insurance premiums
The general insurance sector generated premium income totalling IDR46.04tn ($3.05bn) in the first half of this year, representing an increase of...
The general insurance sector generated premium income totalling IDR46.04tn ($3.05bn) in the first half of this year, representing an increase of...
Article / 2 years ago
Hannover Re expects price hikes and programme restructuring next year in aviation & marine branches
For the various rounds of treaty renewals in 2023, Hannover Re anticipates rising prices as well as some restructuring of...
For the various rounds of treaty renewals in 2023, Hannover Re anticipates rising prices as well as some restructuring of...
Article / 2 years ago
Pakistan: Regulator issues rules on managing risk in credit & surety insurance business
The Securities and Exchange Commission of Pakistan (SECP) has effected notification of regulations on risk management in credit and suretyship businesses of insurance companies.
The Securities and Exchange Commission of Pakistan (SECP) has effected notification of regulations on risk management in credit and suretyship businesses of insurance companies.
Article / 2 years ago
Asia Pacific: RCEP expected to generate slew of benefits for the insurance industry
The positive export and income effects of the Regional Comprehensive Economic Partnership (RCEP) are expected to benefit the insurance industry...
The positive export and income effects of the Regional Comprehensive Economic Partnership (RCEP) are expected to benefit the insurance industry...
Article / 2 years ago
