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 merger is expected to significantly alter the group’s business profile, with potential implications for capital adequacy and financial performance over the coming years.
Research by the two organisations shows that 95% of micro, small, and medium enterprises in South and Southeast Asia lack financial protection against unexpected events.
APRA’s new System Risk Outlook also highlights the growing impact of geopolitical threats, cyber, and system interconnectedness on Australia’s financial system.
