Articles

Insurance

Premiums surge at RenaissanceRe in casualty and specialty

RenaissanceRe reported sharply higher third quarter premiums, and a sharp reduction in its combined ratio.   30 October 2019

Insurance

Malaysia constructs first run-off rules for AXA LM to complete Munich Re deal

On October 1, 2019, AXA Liabilities Managers (LM) completed its acquisition of the Munich Re non-life run-off portfolio in Malaysia.   29 October 2019

Insurance

Identifying attractive buyers based on performance

Reinsurers may think they know what the perfect client looks like but they might not always be correct. Stuart Shipperlee, managing director of Litmus Analysis, explains the perspective offered by the results of the consultancy’s analysis of Asia-Pacific cedants.   29 October 2019

Alternative Risk Transfer

Insurtech, cyber, rates and T&Cs the hot topics for SIRC 2019, finds Intelligent Insurer survey

The growing role of insurtech and its influence on the industry is expected to be the main topic of conversation at SIRC this year, according to delegates surveyed by Intelligent Insurer.   29 October 2019

Insurance

Typhoons hit Japanese non-life market in 2018, Toa Re report finds

The Japanese non-life insurance market experienced a mixed year in 2018, according to a report from the underwriting and planning department of Toa Reinsurance.   29 October 2019

Insurance

MGA Nexus Asia expands business lines on offer and expects to be “largest MGA in the region” within two years, says CEO Egerton

Nexus Asia expects to be the largest managing general agency (MGA) in Asia by gross written premium, as well as commission income and earnings before interest, tax, depreciation and amortisation, in the next 12 months to two years.   29 October 2019

Insurance

Losing home advantage

Home-court advantages are eroding for Asia-Pacific reinsurers as urbanisation and chaotic weather throw up new pricing challenges, Eunice Tan of S&P Global Ratings told SIRC Today.   29 October 2019

Insurance

Clyde & Co Clasis sees favourable conditions for re/insurers to grow in South East Asia

Justin Tan, corporate partner at law firm Clyde & Co Clasis, part of the global firm’s Asia-Pacific network, sees growth for re/insurers coming from the consistent economic growth of South East Asian countries, as they have been actively targeted by several global life and health companies as new and/or growth markets.   29 October 2019

Insurance

Markel to focus on recruitment in Asia in response to 35% rise in premiums in 2019

Markel is expanding and as a result is recruiting underwriters in Hong Kong, Mumbai, Shanghai and Singapore, following a strong performance in Asia in 2019.   29 October 2019

Insurance

Asia’s internet economy continues to grow as consumers embrace e-payments, says report

Consumers in South East Asia are increasingly using electronic payments for their day-to-day needs, including insurance, according to a report commissioned by Google, investment company Temasek and management consultant Bain & Company.   29 October 2019

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