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.
Favourable claims development on its non-life book and robust margins from a growing life business lifted underwriting performance at the Philippines’ sole domestic reinsurer.
Steady flows of higher-margin protection business feed the largest in-force contractual service margin among Korean life insurers, underpinning stable insurance profit.
Malaysia’s RHB says talks on selling its insurance arm have made “meaningful progress”, but the parties still need to finalise the transaction terms and documents.
Disciplined underwriting and tight expense control kept the Hong Kong insurer’s net-net combined ratio at 90.3% in 2025 as motor, accident and health, and employees’ compensation business expanded.
The Singapore-flagged container ship sank after a projectile strike on 13 October, while NorthStandard-entered GFS Giselle took hull damage a day later.
The insurer has also offered wider home cover in northern Western Australia and pledged A$20m (US$14m) for community resilience as it seeks ACCC approval.
