2018 was a volatile year for Asian insurers with the majority of them posting declines in gross written premium or sluggish growth. Christie Lee, senior director of analytics for Asia-Pacific at AM Best, explains the challenges they are facing.
Brokers have warned policies may include exclusions for strikes, riots and civil commotion, as insurer risk appetites in the region wane amid continued protests in Hong Kong.
Insurance investment vehicle Primary Group has today been revealed as the backer for the new digital-enabled managing general agent to be launched by former AIG UK CEO Jacqueline McNamee in autumn this year.
Over the past four years insurtech has become a very familiar word and start-ups are launching every day to target sectors underserved by traditional insurance. Post, in association with Tällt Ventures, indexes those that have the most potential to…
Chris Cowan, managing director of Clusters, argues a targeted approach can help insurance companies stand out in a crowded market.
City Minister John Glen is confident the new UK framework for insurance linked securities will help the market grow.
Emerging Asia is set to remain the world’s fastest growing general insurance market in 2018.
Lloyd's and the London market are trying to win back their market shares in Asia, as the region is experiencing the world's most dynamic growth for the insurance industry.
While the US has led the consumer rights crusade against defective products, other countries are becoming increasingly protective, writes Lei Yu, managing director, Marsh Hong Kong and Macau.
Hong Kong law firm Oldham Li and Nie will work closely with international law firm DAC Beachcroft..
Australian insurance giant QBE is looking to turnaround its Asia-Pacific operations after announcing expected 115% COR in 2017.
Australian giant QBE is expecting a combined operating ratio of 104% and $1.2bn (£858m) loss for 2017's financial year.
Hong Kong has changed the structure of its insurance complaints organisation.
Mark Waters, legal expenses underwriter at Lloyd's (re)insurer Antares, on promoting legal expenses cover for Asian businesses.
Kenneth Mok has left Aon Hong Kong for local broker Nova Insurance.
Canadian life and health insurer Manulife has created an online platform for small medical claims in Hong Kong.
Zurich has acquired connected car specialist Bright Box.
Tysers has bought the London-based commercial lines business of Cosmos Services for an undisclosed sum.
While all eyes are trained on the meteoric rise of Lemonade in the US, another insurtech player is causing widespread disruption in the East.
Research undertaken by global (re)insurer MS Amlin suggests the majority of 18 to 35 year olds in Hong Kong are worried about climate change.
Wesurance, a Hong Kong-based insurtech start-up, has teamed up with Swiss giant Allied World and data company Trans Union for an app based travel insurance platform.
Global insurer Zurich has warned Hong Kong's workers need greater protection for being off work as a result of illness or injury.
Italian insurer Generali's Asia arm has hired Bruce de Broize as head of distribution for Asia.
Hong Kong-headquartered insurer Asia Insurance has become the lead underwriter for a marine war risk syndicate based in Hong Kong.