by AIP Online Bureau | Dec 18, 2024 | Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
In 2024, premium rate change in the US cyber insurance market has fallen to below zero, marking the onset of a soft market. While premium growth stagnated, so did loss ratios, with a 3-point reduction in cyber market loss ratio to 41.6%. Houston, TX: Annual 2024 US...
by AIP Online Bureau | Sep 25, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Through the offering, ports can now secure an additional cover should certain wider events beyond their control lead to ships being diverted away from or refusing to sail to their facilities. The facility also provides additional cover for ports impacted by blockages...
by AIP Online Bureau | Dec 5, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
Asian cities perform comparatively well in disaster management, with Hong Kong, New Delhi, Shanghai, Singapore and Tokyo scoring high for culture of readiness Bangkok, Dhaka and Jakarta are poorly equipped to respond to flood, while New Delhi and Dubai are...
by AIP Online Bureau | Nov 13, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Tokio Marine Resilience will promote comprehensive disaster prevention and mitigation solutions through planning, developing and providing new services Tokyo: Japanese major Tokio Marine Holdings, Inc. (TMHD”) has announced the establishment of a 100 per cent owned...
by AIP Online Bureau | Aug 16, 2023 | Eco/Invest/Demography, International News, Life
Tokio Marine has been gauging interest in the assets, which could be valued at about US$1 billion (RM4.61 billion) Japanese financial services firms have been eyeing assets in Southeast Asia as a way to expand and diversify outside of Japan. Japanese insurers Dai-ichi...
