The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insuranc...
India: GIC Re aims to expand international business portfolio
GIC Re, India's only locally incorporated reinsurer, plans to increase the proportion of its international business to diversify its revenue sources....
GIC Re, India's only locally incorporated reinsurer, plans to increase the proportion of its international business to diversify its revenue sources....
Article / 6 days ago
Insurers invest in tech research to ride EV boom
Leading insurance companies in China such as PICC, Ping An, and China Pacific (CPIC), and others, have set up their own independent technology units...
Leading insurance companies in China such as PICC, Ping An, and China Pacific (CPIC), and others, have set up their own independent technology units...
Article / 20 days ago
Allianz Jingdong's financial performance expected to Improve on tighter risk selection
Guangzhou-registered Allianz Jingdong General Insurance Company's financial performance and earnings are expected to improve gradually, after slowing...
Guangzhou-registered Allianz Jingdong General Insurance Company's financial performance and earnings are expected to improve gradually, after slowing...
Article / 20 days ago
Lloyds' coverholder expands to Singapore
Lloyd's of London coverholder, Kita, has announced its expansion to Singapore and Switzerland, in addition to existing coverage for buyers/investors domiciled in the UK, USA and Canada....
Lloyd's of London coverholder, Kita, has announced its expansion to Singapore and Switzerland, in addition to existing coverage for buyers/investors domiciled in the UK, USA and Canada....
Article / 3 months ago
Talent crunch can crunch the industry
The Indian insurance industry is predicted to experience a shortage of talent very soon, and it could assume alarming proportions, affecting the overall growth of the sector....
The Indian insurance industry is predicted to experience a shortage of talent very soon, and it could assume alarming proportions, affecting the overall growth of the sector....
Article / 4 months ago
The importance of assurance
Boards of management need to be asking different questions if they are to gain assurance that controls are being managed effectively within their organisation....
Boards of management need to be asking different questions if they are to gain assurance that controls are being managed effectively within their organisation....
Article / 7 months ago
Korea P&I Club adopts mitigation actions to improve underwriting results
Korea P&I Club's (KP&I) underwriting fundamentals and profit volatility are expected to improve over the coming years, says AM Best....
Korea P&I Club's (KP&I) underwriting fundamentals and profit volatility are expected to improve over the coming years, says AM Best....
Article / 8 months ago
South Korea: Primary insurers slash retention in commercial insurance
Primary insurers in South Korea's commercial insurance market have continued to reduce their retention in commercial insurance since 2018, despite...
Primary insurers in South Korea's commercial insurance market have continued to reduce their retention in commercial insurance since 2018, despite...
Article / 10 months ago
Taiwan: Tokio Marine unit completes capital injection
Tokio Marine Newa Insurance Corp has completed a capital injection of NT$12bn ($387m) to boost its risk-based capital ratio to above the healthy level of 200%...
Tokio Marine Newa Insurance Corp has completed a capital injection of NT$12bn ($387m) to boost its risk-based capital ratio to above the healthy level of 200%...
Article / 10 months ago
China: Ping An Insurance-backed bid to split HSBC operations fails to win enough votes
HSBC Holdings shareholders have voted to reject a proposal, backed by Ping An Insurance Group, to spin off the bank's Asian operations during the annual...
HSBC Holdings shareholders have voted to reject a proposal, backed by Ping An Insurance Group, to spin off the bank's Asian operations during the annual...
Article / 12 months ago