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Meritz Fire confirms participation in MG Insurance acquisition race: Reports
August 12 2024
The company joins Dayli Partners and JC Flowers in the fourth preliminary bid for MG Non-Life Insurance, which is set for Thursday.
Thai Re reports 92% 1H net profit increase for 2024
August 12 2024
Thai reinsurer sees improvements in both personal and commercial lines, while net investment income surged.
Thailand's life insurance GWP to surpass US$22bn by 2028: GlobalData
August 12 2024
Demographic shifts and rising health awareness are key drivers of Thailand's life insurance market growth.
Malayan Insurance's motor business helping to mitigate deterioration of underwriting results
August 12 2024
AM Best affirms Malayan Insurance's ratings, highlighting balance sheet strength amid underwriting challenges.
LIC CEO confirms interest in entering health insurance sector via acquisition
August 12 2024
MD & CEO Siddhartha Mohanty says LIC India seeks to acquire a standalone firm for its foray into health insurance “rather than set up a vertical.”
QBE elevates Ed Rainsford as Chief Risk Officer, Australia Pacific
August 12 2024
Rainsford has been with QBE group for nearly a decade.
China's insurers see 33.1% surge in claims costs in first half of 2024
August 12 2024
Key figures from the regulator reveal a notable rise in assets, but a rise in claims and benefits paid amid a series of floods this year.
Reinsurers minimising severe convective storm losses despite increasing threats: S&P
August 12 2024
Insured losses from global natural catastrophes in 2023 reached over US$100bn for the fourth consecutive year.
Shin Kong Life increases accident and health product sales to stabilise margins
August 10 2024
Fitch affirms South Korean insurer's ratings, noting recovery of its regulatory solvency position as a key factor.
QBE signs US$1.6bn deal with RiverStone and Enstar to de-risk reserve exposure
August 9 2024
Deal will de-risk North American middle-market and a small number of other international portfolios.
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