January 30 2024 – (Re)in Asia

January 30, 2024

dimitri-plastiras-to-join-canopius-as-underwriter-as-part-of-global-credit-political-risk-hires

Dimitri Plastiras joins Canopius APAC as Underwriter as part of global Credit & Political Risk hires

January 30 2024

Dimitri Plastiras moves from KPMG; Angelos Deftereos, Boris Medimorec, and Virad Patel join the team in London.

Insurtech Rabbit Care hops into Vietnam

January 30 2024

Rabbit Care's Vietnam debut marks a key step in its Southeast Asian expansion.

aerial-and-satellite-images-employed-to-fast-track-noto-peninsula-quake-claims

Noto earthquake claims hit 50,000 with economic damage estimated up to US$17.7bn

January 30 2024

Ishikawa Prefecture worst hit with over 20,000 claims, as Japanese government estimates total damage from quake between ¥1.1- ¥2.6 trillion (US$7.5-US$17.7bn).

MGA's Epsilon, Wellington Underwriting, and Aster to merge

January 30 2024

The merged business will combine for a collective AU$150m (US$99.2m) in GWP and gradually transition to operating under the Epsilon brand.

APRA increases Auto & General capital requirement by AU$50m

January 30 2024

Following review, regulator mandates risk remediation program and increases capital requirement by AU$50m (US$33m).

Bigmotor scandal yet to dent Sompo share price as Group CEO exits

January 30 2024

Sompo accused of ‘valuing profits over customer interests’ by the FSA in a business improvement order.

S&P affirms 'A' Ratings for Toa Re

January 30 2024

Japanese reinsurer has strong capital adequacy, but S&P considers the group to be in the process of 'rebuilding' its reinsurance business.