Pal (left) joins as SVP and Head of Transformation, while Kolmberger (right) joins as SVP for Underwriting, Reinsurance, and Claims, with a focus on renewable energy.
Majority of losses come from motor line, with Office of the Insurance Commission announcing new disaster management measures to expedite industry response to floods.
The Taiwanese insurer has utilised AI and data analytics to transform underwriting and claims processing in Taiwan’s highly competitive insurance market.
(Re)insurance industry facing losses of hundreds of millions in both China and Vietnam, but economic losses in the billions will far outstrip payouts, highlighting the significant regional protection...
Low attachment points mean losses unlikely to impact domestic carrier's capital, with reinsurance appetite for regional nat cat risks to be tested at 1/1 renewals.
