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AM Best affirms KBFG Insurance China's ratings amid claims volatility
March 15 2024
Significant 2023 fire loss had minimal impact on underwriting result, but solvency position affected due to higher reinsurance credit exposure.
Regulatory amendment set to put further downward pressure on Vietnamese bancassurance
March 15 2024
Amendments to curb mis-selling will foster long-term consumer confidence, but cause short-term decline in sales, says AM Best.
ICA Board appoints Lloyd's Tracey Bryan as Non-Executive Director
March 14 2024
Bryan is Lloyd’s incoming General Representative for Australia.
Bolttech and Back Market partner on embedded device insurance in Japan
March 14 2024
Insurtech announces its second embedded partnership this week.
NSW government introduces legislation to access insurance data as part of emergency services reform
March 14 2024
Anonymised insurance data will help reform the Emergency Services Levy funding model, says Treasurer.
Regulators outline preparatory steps for Australian insurers ahead of 2025 FAR implementation
March 14 2024
APRA and ASIC urge insurers to prepare for the upcoming Financial Accountability Regime.
Fitch maintains Nippon Life's ratings as profits continue to rebound post-Covid-19
March 14 2024
Nippon Life's underwriting recovery and strategic health acquisition signal robust financial health amid market presence, says Fitch
Sedgwick promotes Nicki Dunn to role of Chief Client Officer for Asia
March 14 2024
Alongside Dunn, the loss adjuster also promoted Irwin Wei to Manager for Data and Digital Solutions and Kalnisha Velu as Quality Assurance and Operations Manager.
Rebekah Khew named Director as ADVA Specialty rebrands to Vivace Asia Pacific
March 14 2024
The marine and logistics specialty MGA also announce its expansion to North America with launch of Vivace Americas.
PSC Insurance confirms preliminary buyout discussions
March 13 2024
PSC insurance releases statement on the ASX amid speculation that Gallagher and Ardonagh Group are interested in a takeover.
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