by AIP Online Bureau | Feb 3, 2022 | International News, Non-Life, Reinsurance
Cyber remained the most challenging coverage area in Asia , driven by ransomware claims, with considerable pressure on pricing and deductibles, a reduction in capacity, and narrowing of key coverages, said Marsh Hong Kong: Insurance pricing in the fourth quarter of...
by AIP Online Bureau | Jan 16, 2022 | Eco/Invest/Demography, Health, International News, Pandemic
“Asia will be better braced to cope with omicron waves, which may prove to be more short-lived,” said Wai Ho Leong, a strategist at Modular Asset Management. “Markets that are better vaccinated and have timely social distancing curbs are also likely to recover faster...
by AIP Online Bureau | Jan 13, 2022 | Climate, Environment, Renewable Energy, Intermediaries, International News
“The renewable energy industry is transforming at a speed which can be difficult to track. This can be seen in the record growth in solar PV and wind capacity additions – beating previous year’s record, as well as the increasing interest from insurers in...
by AIP Online Bureau | Jan 6, 2022 | International News, Reinsurance
Phoenix 2 Re has secured USD37.5m of collateralised capacity through a number of Asia-based investors. MS Amlin Asia Pacific worked in conjunction with the Monetary Authority of Singapore (MAS), to establish Phoenix 2 Re, using an insurance-linked securities (ILS)...
by AIP Online Bureau | Jan 4, 2022 | Eco/Invest/Demography, Health, International News, Pandemic, Policy, Reinsurance
The rising rate of global infections have raised eyebrows among policymakers, with outbreaks in China forcing some firms to suspend production and threatening to disrupt output for memory chip giants like Samsung Electronics a TOKYO: Asia’s factory activity grew...
