The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12...
Sri Lanka: Non-life insurers' performance to weaken on ceding all strike, riot & terrorism premiums to reinsurer
A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, civil commotion and terrorism...
A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, civil commotion and terrorism...
Article / 2 months ago
Asia: New risks and opportunities for insurers in the next 10 years
Geopolitical risks have become more pronounced and may get worse, said Mr Ravi Menon...
Geopolitical risks have become more pronounced and may get worse, said Mr Ravi Menon...
Article / 5 months ago
India: Flag carrier acquires new aviation policy that excludes flying over Russia and Ukraine
India's flag carrier, Air India, under its new Tata management, has taken a INR608bn ($8bn) cover, costing it a premium of INR2.66bn to a syndicate of insurance companies, including Tata AIG General Insurance...
India's flag carrier, Air India, under its new Tata management, has taken a INR608bn ($8bn) cover, costing it a premium of INR2.66bn to a syndicate of insurance companies, including Tata AIG General Insurance...
Article / 2 years ago
Japan: Non-life insurers suspend new business and renewals for firms that operate in Russia
Japanese non-life insurers have suspended undertaking new contracts entirely with domestic firms that operate in Russia...
Japanese non-life insurers have suspended undertaking new contracts entirely with domestic firms that operate in Russia...
Article / 2 years ago
Asia Pacific: Insurers' earnings expected to fluctuate in the wake of Russia-Ukraine war
The Russia-Ukraine conflict will likely have a modest direct hit on Asia-Pacific insurers' financial performance. Regional insurers' bond and equity investments in Russia,...
The Russia-Ukraine conflict will likely have a modest direct hit on Asia-Pacific insurers' financial performance. Regional insurers' bond and equity investments in Russia,...
Article / 2 years ago
China: Non-life insurance giant says operations unaffected by sanctions on Russia
China's biggest non-life insurer PICC Property and Casualty (PICC P&C) has said that sanctions on Russia are not affecting its business so far, reported Reuters...
China's biggest non-life insurer PICC Property and Casualty (PICC P&C) has said that sanctions on Russia are not affecting its business so far, reported Reuters...
Article / 2 years ago
Asia faces oil price hikes and other challenges as a result of Russian invasion of Ukraine
While Asian companies have less exposure to Russia and Ukraine than their European peers do, rising oil prices will impact both businesses and consumers as a consequence of the invasion...
While Asian companies have less exposure to Russia and Ukraine than their European peers do, rising oil prices will impact both businesses and consumers as a consequence of the invasion...
Article / 2 years ago
Japan: Tokio Marine to sell terrorism insurance ahead of the Olympics
Tokio Marine & Nichido Fire Insurance will sell insurance policies starting next month that will cover damage to facilities resulting from terrorism and violent demonstrations...
Tokio Marine & Nichido Fire Insurance will sell insurance policies starting next month that will cover damage to facilities resulting from terrorism and violent demonstrations...
Article / 4 years ago
India: Marine insurers caught between US and Iran
Indian insurers are under pressure in the wake of recent events involving US and Iran, with reinsurers turning wary and increasing premiums on coverage for crude oil shipments to India...
Indian insurers are under pressure in the wake of recent events involving US and Iran, with reinsurers turning wary and increasing premiums on coverage for crude oil shipments to India...
Article / 4 years ago
Four geopolitical risks could cripple marine insurance, says IUMI report
The future of the global marine insurance sector remains uncertain against a risk landscape marred by the ongoing US-China trade conflicts...
The future of the global marine insurance sector remains uncertain against a risk landscape marred by the ongoing US-China trade conflicts...
Article / 4 years ago