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 newly minted reinsurer generated ₹2.66bn in gross premiums in its first full quarter, highlighting early traction for Jio Financial's insurance partnership with Allianz.
Surrender payouts and reserve requirements are climbing at both life and non-life insurers, raising questions over whether households are trading long-term protection for short-term liquidity.
Jenny Wilhelm takes on the newly created role of MD for Singapore, which includes oversight on ASEAN and Sri Lanka, while William Slade succeeds her as Asia head of distribution.
The regulator said it had imposed conditions on the licence renewals of two broker companies in early June after identifying weaknesses in their controls.
