LIC posted a sharp inflow boost after GST relief took effect, while industry growth is being driven by larger ticket sizes amid declining policy counts.
Hanoi-based non-life insurer said the capital injection will support its ability to underwrite larger and more complex projects and follows similar moves across Vietnam's insurance sector.
The planned 10-year Reg S bond will be used for refinancing and general corporate purposes, marking the insurer’s first return to offshore debt markets in more than a year.
The ratings agency revised the outlook on Singapore Re’s long-term issuer credit rating to positive from stable, citing a 21.3% return on equity in 2024 and continued favourable results in the first half...