Thailand: Fierce competition in EV insurance market could mean higher loss ratios

Published on December 13, 2023
Competition in the electric vehicle (EV) insurance market is so intense that the premiums charged for insurance coverage for some brands of EVs have fallen below technical levels, indicated Dr Apisit
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Liberty Mutual prices $300m Mystic Re IV cat bond below initial guidance

December 12, 2023
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred.Insurance firm Liberty Mutual has now successfully secured the upsized $300 million of reinsurance from its new Mystic Re IV Ltd. (Series 2024-1) industry-loss triggered catastrophe bond and the notes have now been priced below the initial guidance, we’re told.As we reported in November

Bangladesh: Bancassurance set to be launched next 1 March

December 13, 2023
Bancassurance is set to be launched in Bangladesh by 1 March 2024 which is National Insurance Day.