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OCBC increases stake in Great Eastern to 93.52% at close of general offer
July 13 2024
Stake below 98.87% threshold for compulsory acquisition, but OCBC said it will not take steps to maintain public listing if free float requirements are unmet.
AIA Singapore elevates Afees Ashroff to Chief Technology Officer
July 13 2024
Ashroff will succeed Peter Lee who has stepped down for personal reasons.
South Korea's insurers see capital adequacy ratios fall 8.6pp in Q1 2024
July 13 2024
Market and op risks have seen required capital to rise in Q1.
FWD Group ranks sixth in 2024 MDRT
July 12 2024
Insurer maintains ranking, seeing 2089 qualify of its team qualify as MDRT members as of July 2024.
AIA partners with BlackRock and BNY to strengthen investment platform
July 12 2024
AIA forms partnerships to support group's evolving investment programme.
Aspen looks to advance AI and data strategy with launch of Data Labs
July 12 2024
Specialty (re)insurer launches Aspen Data Labs to advance its data and AI initiatives.
AXA XL expands Australian team with appointments of Kaur and Anthony
July 12 2024
(Re)insurer appoints Sugra Kaur as Senior Underwriter, Casualty and Rhys Anthony as Senior Claims Specialist, Property.
Fitch affirms Zhonglu P&C's rating as insurer eyes non-motor line growth
July 12 2024
Insurer looking to diversify portfolio, but cat exposure presents risks.
Berkley Insurance Asia promotes Hank Yeo to role of Financial Lines Senior Underwriter
July 12 2024
Singapore-based Yeo has been with the business since 2020.
AM Best affirms Thaire Life's ratings, withdraws them at reinsurer's request
July 12 2024
Reinsurer saw ratings downgraded in September, but maintains a strong balance sheet and adequate operating performance, said AM Best.
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