...risk which has somewhat hindered our growth ambitions. Nevertheless, we believe this approach to be crucial to establishing a solid foundation and upholding our responsibility as a leading market pla...Source : MiddleEast | 27 Mar 2023
CTIM’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), remained stable and is at the strongest level as of year-...Source : eDaily | 27 Mar 2023
...risks and other issues arising from the recent collapse of Silicon Valley Bank and other banks, reported Shanghai Securities News.
The matters covered include:
(1) The co...Source : eCin | 24 Mar 2023
...risk exposure. The banking, insurance and securities sectors have a combined NT$157.3bn ($5.14bn) exposure to the Swiss bank.
The FSC did not detail the types of financial instruments relat...Source : eDaily | 24 Mar 2023
...risk, and shifting the business model from quantitative to qualitative growth. Dr Shin communicated actively with the employees and executives to create empathy and enhance participation. These effor...Source : eDaily | 24 Mar 2023
He added that the collapse highlights the importance of observing the basic principles of proper asset liability matching, as well as having adequate capital and li...Source : AIRPlus | 23 Mar 2023
...Risk Steering Group (CRSG) at the International Association of Insurance Supervisors (IAIS).
Commenting on taking up his new role as UNDP SIF chair, Mr Wang said, “I look forward to w...Source : eDaily | 23 Mar 2023
...risks and uncertainties."
In his capacity as president of the Thai Life Assurance Association, Mr Sara said the Thai insurance industry is projected to report 0-2% growth in term...Source : Agent | 22 Mar 2023
...risk management and internal controls (ICP 7 and 8).
The consultation document available on the IAIS website includes questions seeking stakeholder feedback on the overall climate-related w...Source : ARM | 22 Mar 2023
...risk management, there are always unforeseen events that can impact production. The insurance industry has a critical role in partnering with semiconductor businesses to help them build resilience to...Source : ARM | 22 Mar 2023
...Driven by a combination of rising sea levels and climate change, destructive hurricanes and tropical storms could become far more likely to hit coastal areas in quick succession according to new research by Princeton University....Source : ARM | 22 Mar 2023
...Less than 1% of the world's population breathes pollution-free air - and Asian countries face some of the most severe health risks due to polluted air according to a new study....Source : ARM | 22 Mar 2023
...The global demand for fresh water will exceed supply by 40% by 2030 according to a new report released by the Global Commission on the Economics of Water....Source : ARM | 22 Mar 2023
...risks of more severe flooding to coastal megacities and threatening millions of people.”
Southeast Asia has one of the longest coastlines in the world at 234,000 kilometres with an es...Source : ARM | 22 Mar 2023
...A recent survey has revealed that almost half (49%) of the participating companies have already replaced workers with ChatGPT, the AI tool that emerged on the scene only in November 2022....Source : ARM | 22 Mar 2023
...risk advisors, brokers and general insurance specialists operating across two offices in central and regional Auckland, CIBNZ directors and management bring more than 90 years of general insurance an...Source : eDaily | 22 Mar 2023
...risk management capacity building and disaster risk insurance coverage offered by the ARC Group, covering two of its most prevalent hazards – drought and excess precipitation.
ARC Age...Source : Africa | 20 Mar 2023
...risk management (ERM).
Nan Shan General’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), has materially de...Source : eDaily | 20 Mar 2023
...risk management (ERM).
The ratings also reflect the wide range of support that the company receives from its parent, KB Insurance, in areas including underwriting and pricing, business deve...Source : eCin | 17 Mar 2023
Ping An P&C’s very strong balance sheet strength is supported by its risk-adjusted capitalisation assessed at the stronge...Source : eCin | 17 Mar 2023
...risk appetite against a volatile market and rising credit risk....Source : eCin | 17 Mar 2023
New technologies, he said, are an important lever for the evolution of the insurance business, and offer interesting possibilities for improving the customer experience....Source : MiddleEast | 16 Mar 2023
...risk management structure, especially for annuity writers in a rising interest rate environment.”
“Insurers that conduct detailed analysis on the impact of rising interest rates...Source : eDaily | 16 Mar 2023
...Risk-Based Capital regime (HK RBC), said Prudential.
However, the insurer’s adjusted operating profit, grew by 8% to $3.375m in 2022. ‘Adjusted operating profit&rsq...Source : eDaily | 16 Mar 2023
...Nearly 50% of insurance professionals anticipate that their greatest long-term source of competitive advantage will be the way in which they leverage technological capabilities according to an industry-wide survey on the future of insurance by 2040 conducted by ACORD....Source : ARM | 15 Mar 2023
...risk-map also reveals locations that will be largely unaffected.
A research team from Bristol University collaborated with flood assessment and climate risk company Fathom by simulating all...Source : ARM | 15 Mar 2023
...risks were the top concerns a year ago, the impact of the economic downturn is top-of-mind for CEOs this year, with inflation (40%) and macroeconomic volatility (31%) leading the risks weighing on CE...Source : ARM | 15 Mar 2023
...The total number of plastic particles floating in the world's oceans across all five sub-tropical gyres, costal Australia, Bay of Bengal and the Mediterranean is estimated to be a minimum of 5.25tn particles weighing 268,940 tons according to a new research published by the journal PLOS One....Source : ARM | 15 Mar 2023
...Over 57% of Indian CxOs rank climate change as significantly higher and top three priority ahead of economic outlook according to a new report by Deloitte....Source : ARM | 15 Mar 2023
It says healthcare, arts and entertainment, and manufacturing? sectors are demonstrating high exposure and low security? scores. In particular, healthcare remains under-secured relat...Source : ARM | 15 Mar 2023
...Improving employee wellbeing can enhance company performance by at least 11% and up to 55% according to Aon's 2022-2023 Global Wellbeing Survey....Source : ARM | 15 Mar 2023
...risk-based capital will remain at the 'AA' level by 2024. From a regulatory perspective, we expect its solvency ratio to remain comfortably within the target range of 185%-220% over 2022-2024...Source : eDaily | 15 Mar 2023
...risk and capital management have added to compliance risks and costs, particularly for smaller insurers. Moody's expects many small takaful players to seek M&A opportunities to help them meet...Source : MiddleEast | 13 Mar 2023
...risk management on climate-related exposures by its regulators, peers, international reinsurers as well as investors and financial markets. Malaysia’s central bank, Bank Negara, is at the foref...Source : eDaily | 13 Mar 2023
...risk management and governance helping to offset their moderately negative exposure to environmental and social risks.
Credit Impact Scores
Moody's assigns sc...Source : MiddleEast | 12 Mar 2023
...risk management of Fubon Financial.
The insurer's standalone credit profile remains solid, which reflects its liquid investments with a focus on bank deposits and fixed-income investmen...Source : eCin | 10 Mar 2023
Fubon Insurance underwrites various property & casualty insurance business lines, including motor, fire, accident and health, and marine....Source : eDaily | 10 Mar 2023
...risk, and environmental liability.
Asta opens service company
In a separate announcement, Asta announced that it is strengthening its global presence by establish...Source : eDaily | 10 Mar 2023
...risk, legal and compliance functions remains relatively low.
To ensure sustainable progress towards gender equality, we highly recommend the government can launch more strategic initiatives...Source : AIRPlus | 09 Mar 2023
...risk management programme and capture profitable premiums that would otherwise be paid to commercial insurers.
The licence will help Ma’aden manage retention and deductibles associate...Source : MiddleEast | 09 Mar 2023
...risk management (ERM). The ratings also factor in rating enhancement from PVI’s ultimate parent, HDI Haftpflichtverband der Deutschen Industrie (HDI).
Capitalisation...Source : eDaily | 09 Mar 2023
...A major revamp of the Insurance Information Bureau (IIB) is underway to improve data analytics that would help in risk mitigation and the prevention of fraud, IRDAI chairman Debasish Panda has said....Source : eDaily | 09 Mar 2023
...risk-aware, disciplined, making informed decisions, and staying calm under stress, women can go from managing home budgets to smart investors.
Men and women undergo different life experienc...Source : Agent | 08 Mar 2023
...risk management experts around the world.
AGCS head of political violence and hostile environment solutions Srdjan Todorovic said, “Incidences of strikes, riots and civil commotion ha...Source : ARM | 08 Mar 2023
...The number of registered births in Japan fell to a new low in 2022 despite the country's extensive efforts to increase birth rate according to official data released in February 2023....Source : ARM | 08 Mar 2023
...risk in 2023.”...Source : ARM | 08 Mar 2023
...A heatwave in the northern and central parts of India is threatening to deleteriously impact wheat crop production in the country for the second year in running. India is the world's second biggest wheat producer....Source : ARM | 08 Mar 2023
...risk managers respectively ranked mental health at 18 and 21 place out of 25 risks and workforce exhaustion at 22 out of 25.
The survey analysis this is quite stunning considering that thes...Source : ARM | 08 Mar 2023
...About two-third (62%) of insurers have cut staff due to the implementation of AI and machine learning (ML) technologies in the past 12 months according to a new global survey....Source : ARM | 08 Mar 2023
...risk insurance 2022: year in review" report, Marsh says there was a slight reduction in the M&A deal count in Japan in 2022, with activity levels improving in the second half of the year, an...Source : eDaily | 07 Mar 2023