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 reported bid follows a series of LIC investments across India's financial sector, including moves to increase its holdings in ICICI Bank and HDFC Bank.
The cases have drawn attention to K-SURE's buyer-screening processes, with lawmakers urging a reassessment of underwriting standards and coverage approval practices.
Insurance-linked securities, captives and other alternative capital structures are increasingly important tools for supporting Asia's rising infrastructure risk exposures, the regulator said.
The broker has set up a Digital Asset division in Hong Kong, led by Dan Dibden and Onno Sterk, after taking on Fraction Brokers' digital asset clients.
