Industry Segments: Risk Page 16 / 22
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- January 22 2016
S&P assigns A+ rating to Metlife Hong Kong
Standard & Poor's has assigned an "A+" rating with stable outlook to MetLife Hong Kong,
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- January 21 2016
ILS market valued at US$70bn in 2015, says Willis
Non-life insurance-linked securities added US$5bn of additional capacity last year.
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- January 18 2016
Smaller life firms in China worst-hit by stock sell-off
Small and medium-sized life insurers tend to have the most aggressive risk appetites, says Fitch.
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- January 15 2016
Natural disasters caused US$35bn insured loss in 2015
A total of 300 separate global natural disasters took place last year, according to Aon Benfield.
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- January 15 2016
Nippon Life eyes asset management firms abroad
Japanese insurer seeking opportunities abroad to reduce reliance on domestic government bonds.
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- January 12 2016
Eight nonlife insurers in the Philippines for sale this year
A new capitalisation requirement is encouraging a wave of consolidation among smaller insurers.
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- January 11 2016
Marine reinsurance prices fall even after Tianjin blasts
The blasts at China's Tianjin port has had little or no impact on marine reinsurance prices.
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- January 6 2016
Claims from natural disasters drop in 2015
Insured losses fell to US$27bn, well below the 10-year average of US$180bn, according to Munich Re.
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- December 31 2015
China warns insurers on risks of stock investments
Insurance firms asset-liability management face increased risks with the rise of capital market volatility.
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- December 22 2015
Australia’s financial, insurance sector spends US$2.2bn to fight fraud
Sophisticated cybercrime seen as one of the biggest threats to the country
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- December 17 2015
China releases rules for insurance fund controls
CIRC is aiming to enhance the sector's ability to manage risks and become more prudent.
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- December 15 2015
Lloyd’s registers first Malaysian reinsurer
AFR Asia Pacific becomes one of only 219 Lloyd’s registered brokers across the world.
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- December 11 2015
Financial status of Korean insurers improves in Q3
Improvement attributed to higher returns from bond investments amid lower interest rates.
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- December 4 2015
Fitch says Malaysia’s insurance sector to remain stable
Malaysia's insurance and takaful sector remain strongly capitalised, supporting premium growth.
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- December 4 2015
Zurich to exit general insurance in Middle East
The embattled insurer is expected to exit the region by the end of 2016 as part of a global restructuring.
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- December 3 2015
SAIB becomes first Chinese Lloyd’s broker
Shanghai Asian Insurance Brokers plans to develop reinsurance brokerage and internationalise.
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- November 25 2015
Sichuan province launches earthquake insurance trial
Under the plan, the provincial government will subsidise 60% of the insurance fees for most residents.
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- November 20 2015
China’s SOEs turn to captives despite soft insurance market
Chinese state-owned enterprises are increasingly interested in shifting more of their risk to wholly owned captive insurers.
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- November 20 2015
European insurers suffer highest losses from Tianjin
Zurich's US$275 million loss was the highest among insurance companies from around the world.
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- November 18 2015
Paris attacks dent Thailand’s non-life insurance premiums
Thai General Insurance Association says country's insurance industry will be indirectly affected.
