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.
Clients buying cyber cover brokered by Marsh will receive round-the-clock scanning of external infrastructure at no extra charge across Asia, excluding China.
Cover extends to the global exposures of US-domiciled companies, with 30 traditional and alternative capital providers pricing each placement individually.
Income Insurance chief executive Andrew Yeo will step down at the end of 2026, chairman Lim Sim Seng told staff in an email seen by The Straits Times.
Yeo informed the board of his decision but will...
International reinsurers will take a significant share of what is covered, with hydropower plants, engineering projects and commercial property along the China trade corridor driving most claims.
Market yield movements drove the reinsurer's earnings higher, though the agency warned that interest rate exposure has made operating results markedly more volatile.
