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Thursday, November 5, 2026
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Allianz Asia Pacific reports 33% operating profit growth in 2023
February 26 2024
Allianz APAC's Life & Health business saw operating profits grow 35%, while P&C business grew 26%.
Fitch maintains 'A' rating for New China Life
February 26 2024
NCI's ratings maintained after seeing a 17.1% year-on-year increase NBV in 1H 2023.
Markel strengthens Cyber team with appointment of Ng Yao Hua in Singapore
February 26 2024
Ng joins the Markel team as Cyber Security Analyst.
Joyce Chua joins WTW as Captives Regional Lead for APAC
February 26 2024
Chua joins WTW after a decade with Aon.
IRDAI maintains obligatory cession rate at 4% for 2024-25
February 25 2024
Insurers to continue ceding 4% of GI business to GIC Re, excluding terrorism and nuclear pool premiums.
Zurich opts for 70% upfront stake purchase of Kotak General
February 23 2024
Kotak Mahindra Bank announced Zurich's revised plan to acquire 70% stake in single transaction, altering the initial phased acquisition strategy.
AM Best affirms Energas's ratings, but negative outlook maintained for captive
February 23 2024
AM Best spotlights underwriting volatility, increase in large loss frequency, and reinsurance reliance in latest ratings note.
Manulife completes landmark LTC reinsurance deal with Global Atlantic
February 23 2024
Landmark deal was first announced in December and includes two Japanese whole life product blocks.
NSW launches Australia's first State Disaster Mitigation Plan to help combat rising nat cat costs
February 23 2024
Plan promises a proactive approach to disaster risk reduction including improved early warning systems and reviews of building codes and insurance levy arrangements.
Tokio Marine & Nichido's ratings affirmed as rate adjustments improve COR
February 22 2024
Fitch expects nat cat premium rate adjustments to bolster underwriting profitability in the coming years.
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