CRA Newsletter
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Asia
AI must be risk management ally not decision maker
Risk managers who attended the Parima conference in Manila, took part in a lively and interactive debate on the future…
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Asia
Asian risk management community enters ‘new chapter’
The Asian risk and insurance management community is entering a “new chapter” in which they and their organisations must adopt…
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Asia
Adaption and resilience the key to climate change
Climate change adaption and resilience was the key theme of the session – Unleash the power of climate resilience – hosted…
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Asia
Asian demand for parametric solutions on the rise
Interest in parametric solutions as an accompaniment to standard insurance coverage is fast growing in Asia as proven by a…
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Association News
Parima members focus on maximising value with insurers and brokers
The Pan Asia Risk & Insurance Management Association (Parima) met for its first event of the year at the Shangri-La…
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Asia
AM Best positive revision for Philippines non-life sector
As the Philippine and wider risk and insurance management community gathered in Manila for the first Parima conference of the…
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Asia
Sedgwick expands marine business in Indonesia
Global claims management firm Sedgwick has announced the expansion of its marine claims solutions in Indonesia with the addition of…
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ESG
German multinationals urged to up ESG game in China
There are currently no mandatory ESG reporting and governance guidelines in China but a leading Beijing-based law firm advising German-speaking…
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Asia
Company profile: Deutsche Rück
Deutsche Rück, the German reinsurer based in Düsseldorf, reported a healthy set of annual figures for 2023 that saw gross…
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Asia
Wen Chen named head of agriculture Aon APAC reinsurance
Aon has announced that Wen Chen has been named head of agriculture for the firm’s reinsurance solutions Asia-Pacific (APAC) region,…
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Asia
Munich Re Singapore appoints new senior property underwriter
Munich Re Singapore has appointed Adi Salleh as senior underwriter property, as the German reinsurer continues to beef up its…
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Asia
Temasek invests in fast-growing London broking group
Temasek, the state-backed Singapore investment fund, has joined investment firm Warburg Pincus to invest in Specialist Risk Group (SRG), one…
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Asia
Deutsche Rück reports further Asian growth
Deutsche Rück Group further expanded its business in 2023, including Asia, while simultaneously strengthening its asset base, reported the German…
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Market
Tokio Marine seeks further international expansion
Tokio Marine Holdings, Japan’s biggest P&C insurance group, has announced a new mid-term plan for 2024 to 2026, which backs…
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Asia
Political risk hits US brands in South Asia
If there are any risk and insurance managers still out there who don’t think that politics can play a significant…
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Asia
Parametric solution planned for Philippines disaster financing deal
The Asia Development Bank (ADB) has proposed a second $500m contingent disaster financing multiyear programme for the Republic of the…
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Asia
Multinationals in China to enjoy relaxed data transfer rules
The European Chamber of Commerce in China (ECCC) will host a cybersecurity conference in Beijing in June that will explain…
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Analysis & Opinion
IASB meets in China to discuss climate reporting
The Emerging Economies Group of the International Financial Reporting Standards (IFRS) board will meet in Taiyuan, China, on 28-29 May,…
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Analysis & Opinion
‘Pressure rising’ on developing Asian aging risk: ADB
Developing Asia Pacific is unprepared to secure the well-being of its rapidly aging population as the growing share of older…
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Asia
European business confidence in China plummets
The European Union Chamber of Commerce in China (EUCCC) has released its European Business in China Business Confidence Survey 2024…