Live Breaking News & Updates on Property Amp Casualty

Stay updated with breaking news from Property amp casualty. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Sri Lanka: Non-life insurers' performance to weaken on ceding all strike, riot & terrorism premiums to reinsurer

A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, civil commotion and terrorism (SRCCT) premiums to state-owned National Insurance Trust Fund Board (NITF) should benefit NITF while the underwriting profitability of non-life insurers is likely to worsen, ....

Sri Lanka , Sri Lankan , National Insurance Trust Fund Board , Fitch Ratings , Political Risk , Property Amp Casualty ,

Singapore: Trading of Income Insurance shares starts on private exchange

Alta, the leading digital securities exchange for alternative assets in Southeast Asia, has formed a partnership with PhillipCapital to launch the Income Insurance Share Liquidity Program, a distinctive liquidity program for shares of Income Insurance, one of the biggest composite insurers in ....

Income Insurance Share Liquidity Program , Southeast Asia , Income Insurance , Life Amp Health , Property Amp Casualty ,

Singapore: Committee issues best-practice guidelines for general insurance intermediaries

The Insurance Culture and Conduct Steering Committee (ICCSC) has released its fourth paper, "Promoting Ethical Culture and Conduct in Insurance Intermediaries (General)". ....

Steering Committee , Insurance Culture , Conduct Steering Committee , Ethical Culture , Insurance Intermediaries , Property Amp Casualty , Agents Advisors ,

Asia-Pacific and Africa: One-eighth of disaster losses in the region in 2023 are insured

Losses from natural disasters in the Asia-Pacific and Africa region totalled $64bn in 2023, slightly lower than the $66bn seen in the previous year, says reinsurance giant Munich Re. Approximately $8bn of the $64bn was insured (2022: $11bn). ....

Property Amp Casualty , Nat Cat ,

Vietnam: BIDV Insurance shows average annual combined ratio of 95.5% in last 5 years

The operating performance of BIDV Insurance Corporation (BIC) is assessed as adequate, with a five-year average return-on-equity ratio of 11.9% and combined ratio of 95.5% (2018-2022), says AM Best. ....

Republic Of , Development Of Vietnam , Vietnam National Scale Rating , Stock Commercial Bank , Strength Rating , Long Term Issuer Credit Rating , Joint Stock Commercial Bank , Capital Adequacy Ratio , Property Amp Casualty ,