APAC
Reinsurers see April renewals stabilise
Increased capacity alongside demand was seen in APAC, says Aon.
Reinsurers see April renewals stabilise
Increased capacity alongside demand was seen in APAC, says Aon.
Marsh McLennan Q1’24 revenue up 9% to $6.5b
Marsh’s APAC business saw its revenue jump 6% YoY.
Munich Re's regional restructuring focuses on P&C business
New leaders have been selected for Japan, Korea, and India.
Generali revamps organisational structure
Generali Investments Holding will manage global asset management activities.
Asia bears $17b of Q1 natural disaster economic loss
Less than half of the global economic losses were insured during Q1’24.
Liberty Mutual bolsters capabilities to expand in APAC
Liberty Specialty Markets and Asia Retail Markets will merge.
How insurance companies can embrace sustainability
A Sustainable Insurance Roadmap was made to guide companies on how they can incorporate sustainability into their strategies.
Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
Howden warns against over-reliance on cyber insurance
The insurance broker listed three AI threats haunting organisations.
Gallagher Re calls for nuanced view of PE-backed reinsurers
Critics warn of short-term profit strategies risking stability and trust.
Global exposure growth reaches 11.7% YoY
IED for Wind Japan was stable against the Yen.
Asia energy firms seek lasting insurer partnerships
Widening desirability gap favours high-end clients, possibly easing rate trends in 2024.
Elevated risk environment prompts challenges for reserve management
Aggressive inflation has complicated loss predictions and could underestimate severity.
25% of employers to enhance insurance coverage in the next two years
More than half of companies are already offering health and wellbeing benefits.
Management addresses market demands at Jefferies call
Debt leverage remains within substantial headroom.
BNP Paribas to acquire Fosun’s 9% stake in Ageas for $774m
The acquisition will be done in two tranches.
Canopius partners with Group-IB for cyber insurance boost
It aims to provide Canopius policyholders with advanced threat intelligence.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
