CRA Newsletter
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Captives
Captive owners urged to implement UN sustainable insurance goals
Captive owners are being urged to sign up to the UN Principles for Sustainable Insurance that can help them take…
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Asia
AXA changes name in China in ‘pivotal moment’
AXA has announced the official name change of XL Reinsurance (China) Company Limited to AXA International Reinsurance (Shanghai) Company Limited…
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Asia
EU Forced Labour Regulation under discussion in Beijing
The European Union Chamber of Commerce in China is holding a meeting in Beijing on 22 October to discuss and…
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Asia
Major investor study finds decarbonisation failings
Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released the latest round of its company…
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Asia
Japanese property cover to reach $26.5bn by 2028
The Japanese property insurance industry is set to grow at a compound annual growth rate (CAGR) of 2.8% from JPY3.2trn…
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Asia
Australian MGAs under the microscope
A senior executive at the Australian Prudential Regulation Authority (APRA) has reminded insurers that while authority can be delegated to…
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Asia
Allianz still hopeful of Income deal
Allianz has issued a response to the Singapore ministerial statement rejecting its bid for leading local insurer Income Insurance, which…
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Construction
Asian construction firms need more risk leaders to tackle emerging threats
Asian risk managers need to “reposition” themselves as risk leaders to help organisations manage the mounting number of emerging risks,…
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Asia
Lee joins Sompo as COO Asia Pacific
Sompo has announced the appointment of Maya Dongyoung Lee as chief operating officer, Asia Pacific (APAC), effective immediately. In her…
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Asia
Asian protection gap needs solutions as climate change bites: GAIP
Speakers at the 2024 Global Asia Insurance Partnership (GAIP) Summit explored the current landscape of protection gaps, while discussing global…
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Asia
APAC reinsurance pricing stable: Fitch
The APAC reinsurance market’s pricing in 2024 is stable due to adequate capacity and a shift from the hard market…
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Asia
Raffles tests Singapore cyber resilience
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have jointly carried out a business…
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Asia
Singapore government blocks Allianz Income deal
The Singapore government has decided that it would not be in the public interest for the proposed SGD$2.2bn ($1.68bn) sale…
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Asia
Specialist Risk Group launches in Asia Pacific
Specialist Risk Group (SRG), the fast-growing specialty broker that was only acquired by Warburg Pincus and Singapore state-backed investment fund…
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Asia
Credit insurer predicts insolvency spike across Asia Pacific
Asia Pacific is on track to record higher-than-expected increases in bankruptcies in most countries in 2024, with major rises notably…
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Asia
Tan leads Price Forbes APAC employee benefits
Price Forbes Singapore has announced the appointment of Cassaundra Tan as director of employee benefits. Reporting to the CEO of…
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Asia
Australian government tables cybersecurity bill
The Australian Government has tabled the Cyber Security Bill 2024 in Federal Parliament in an effort to strengthen cybersecurity in the public…
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Asia
South Korea, Vietnam and Taiwan all at risk of Chinese slowdown
Leading UK economic advisory firm Oxford Economics says that recent policy moves and its proprietary indicators suggest that China is suffering a…
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Asia
New Zealand needs to hold ‘difficult’ discussions on climate change: Insurance Council
A report on climate adaptation published recently by the New Zealand parliament is an “important signal” of the need to…
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Asia
Cyber and data privacy number one for risk managers: WTW
Asian risk managers in the technology, media and telecoms sectors have identified supply chain disruptions as their number one concern…