Munich Re, the world's biggest reinsurer, is expecting prices for property and casualty coverage to
remain unchanged in the January round of renewals, reports Bloomberg.
Other News:
1. India: Stock mart regulator approves disclosure standards for life insurers
India's capital market regulator, the Securities and Exchange Board of India (Sebi) has approved long-awaited disclosure standards for the life insurance companies which aim to launch an initial public offer.
2. Asia: Calls to better manage globalisation risks
With heightened risks such as global health pandemics, food and water scarcity, and unconventional threats such as terrorism, there are calls for stronger forward planning to tackle such globalised risks, which are areas where insurance players can help, says a Singapore government minister.
3. China: Interest rate hike to boost insurers' bottomline
The 25-basis-point increase in China's one-year deposit and lending rates earlier this month, coming on top of loosened investment rules for insurers announced in August, bodes well for the bottomline of insurance companies in the coming quarters, reports Reuters.
4. Singapore: Health minister looking at ways to strengthen health insurance further
Singapore's Health Minister, Mr Khaw Boon Wan, says that he has held an informal lunch dialogue with all health insurers to review the state of the Republic's healthcare umbrellas.
Asia Insurance Review 27/10/2010
No comments:
Post a Comment