South Korean government pushes ahead with EV battery certification scheme: report
August 26 2024 by InsuranceAsia News
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Samsung Fire’s stable underwriting, low COR to help maintain market leadership: AM Best
- October 11
The rating agency has affirmed the insurer's financial strength rating of A++ (superior).
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NZ fire levy increase revised downwards amid funding review
- September 20
The levy hiked to 12.8% in July and Fire and Emergency New Zealand (FENZ) was set for an additional 5.2% increase to 2029. However, the government has revised the percentage to 2.2%.
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Korea may ask EV makers to declare battery suppliers as car fire claims pile up: report
- August 12
Insurers have received 600 motor claims from a fire sparked by a Mercedes EV on August 1, forcing the government to consider regulatory changes including battery reliability certification.
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Japanese insurers to raise fire insurance premiums from October: report
- August 8
The big four plans to corporate premiums by up to 15% because of deteriorating profitability in their fire insurance line.
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HSBC Asset Management | The hunt for diversification and performance revitalizes appetite for Asian currency bonds
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
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PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
