Jessica Li is a Reporter at (Re)in Asia, following the appointments, ratings and deals shaping the region's insurers. Areas of specialty include senior people moves, insurer ratings actions, and M&A across marine, financial and reinsurance lines in markets including Vietnam, Hong Kong, Korea and India.
Risk-adjusted capitalisation is expected to remain at its strongest level, but the agency noted that volatile cover and a small net premium base have kept underwriting profitability subdued over the past...
The transaction, announced on 31 July, remained subject to closing conditions and regulatory and exchange approvals, with completion expected during August.
The insurer will allocate A$500k (US$360k) through its Help Fund to support Australian solutions that help communities prepare for, adapt to and recover from climate impacts.
The joint venture between vrs Adjusters and Uchiyama Loss Adjusting, announced in April, coordinates cross-border claims for Japanese insurers and corporates across Asia-Pacific.
