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 changes see expanded mandates for Candy Goh and Henry Chua, alongside the appointment of Alvin Soh to a newly defined distribution and marketing role.
Strengthened internal controls and clearer progress on long-standing audit issues feature in the agency's more optimistic view, while investment income continues to support earnings.
Despite the phased liberalisation of motor and fire pricing, AM Best notes that Lonpac’s robust capitalisation and stable performance continue to underpin its ratings.
The insurer is targeting tailored risk solutions for India’s high-growth sectors, including pharmaceuticals, chemicals, technology, and infrastructure.
