Reinsurance

US doubles Hormuz guarantees to US$40 billion with new partners

[NEW YORK] The US is doubling, to US$40 billion, its commitment to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz with the addition of new insurance partners, i...

MAS will introduce equity counter-cyclical adjustments, designed to reduce procyclical behaviours during sharp market downswings.

Insurers’ search for yield must not compromise policyholder protection, says MAS assistant MD

They must exercise strong risk management and apply robust stress testing, adds the central bank’s assistant MD Marcus Lim

MSCI estimates indicate that losses from physical hazards could rise to US$4.6 billion by 2050 – nearly four times the 2024 figure of US$1.2 billion.

Climate risks increasingly pose threat to insurance markets, broader financial system: MSCI Institute

Larger tail events and the clustering of secondary perils can lower predictability

 A powerful 7.4-magnitude earthquake in April 2024, as well as the one witnessed earlier this year forced TSMC to temporarily halt some facilities.

Backing Asia’s chip champions in a riskier world

They face a growing array of challenges – shifting trade policies, cybersecurity risks and natural disasters – that could threaten their future capacity and viability