Reih Angeles is Deputy News Editor at (Re)in Asia, steering the desk's breaking coverage of Asia Pacific insurance and reinsurance. Areas of specialty include insurer and life results, reinsurance and catastrophe losses, cyber, and regulatory change across India, Korea, China and Hong Kong.
The agreement extends a seven-year collaboration combining underwriting capacity, climate analytics and data-driven risk modelling to support faster payouts for corporate and public-sector clients.
Samsung Life is also said to be looking at acquiring a 15% stake in Principal Financial Group, which would make it the US retirement provider's largest shareholder.
Roof tiles have risen 77% in five years and Queensland build costs went up around 45% since 2021, with insurers receiving 409,094 home claims worth A$11.3bn (US$8.1bn) since 2022, according to ICA fig...
