Specialty

OAK Re's Syndicate 2843 to start underwriting from January

November 27 2024

Syndicate receives Lloyd's approval and will launch in 2025 with backing from Bain Capital and Hampden Agencies.

apac-p-and-c-growth-struggles-to-keep-pace-with-gdp-and-global-peers

APAC P&C growth struggles to keep pace with GDP and global peers

November 27 2024

McKinsey reports that rate-driven growth in APAC's P&C market is failing to capture new risks.

chubb-australia-introduces-tailored-coverage-for-lower-middle-market

Chubb Australia launches industry-specific products for lower middle market

November 26 2024

Chubb Benchmarq offers tailored coverage for businesses in manufacturing and real estate, with more sectors coming soon.

Aon acquires Mitsubishi Chemical Group’s insurance agency

November 26 2024

Aon signs agreement to acquire MCG's in-house insurance agency in a move that will expand its risk and health offerings in Japan.

Rare Earth Partners targets marine, liability, and personal injury in Shanghai venture

November 26 2024

CEO hopes to make a splash in China’s under-served specialty market.

nonghyup-p-and-c-sees-capital-rise-under-ifrs-17-but-underwriting-hit-by-claims-in-2023-am-best

NongHyup P&C sees capital rise under IFRS 17, but underwriting hit by large claims in 2023: AM Best

November 26 2024

Korean insurer's ratings affirmed, with future underwriting performance supported by CSM base, though its capital is more exposed to volatility than domestic peers.

australian-mortgage-insurance-premiums-set-to-bounce-back-to-growth-in-2025-samppwebp

Australian mortgage insurance premiums set to bounce back to growth in 2025: S&P

November 26 2024

Premiums dropped by approximately 36% in 2023, however profitability in the sector has remained sound.

delegated-underwriting-authorities-continue-to-increase-market-share-am-best

Delegated underwriting enterprises continuing to increase market share: AM Best

November 25 2024

Fronting companies are making strong progress in the E&S and speciality lines that deal with hard to place risks.

zking-p-and-c-continuing-to-reduce-exposure-to-riskier-business-fitch

Zking P&C continuing to reduce exposure to riskier business: Fitch

November 23 2024

Fitch affirms 'A-' IFS rating citing strong capitalisation and government, with Chinese insurer continuing to reduce exposure to guarantee insurance business.

Jonathan Ng joins Chaucer as Class Underwriter for political risk

November 22 2024

Ng joins from AXA XL where he was an underwriter for political risk, and credit and bond.

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