Editorial team – (Re)in Asia

Editorial team

Insurtech MediConCen secures US$6.85m in Series A funding

February 12 2024

Hong Kong insurtech will target Middle East and Southeast Asia growth with latest investment round, which was led by HSBC Asset Management.

AM Best maintains A+ Rating for Dai-ichi Life

February 12 2024

'A+' and 'aa-' ratings affirmed with a stable outlook, emphasising insurer's resilience and strategic importance in Japan's market.

japanese-non-life-insurers-told-to-offload-cross-held-shares-in-wake-of-price-fixing-probe

Japanese insurers told to offload cross-held shares in wake of price-fixing probe - report

February 12 2024

Concerns over influence of strategic shareholdings have prompted Japan's FSA to order insurers to divest from cross-held shares.

axa-xl-creates-new-global-specialty-branch-and-appoints-anne-marie-elder-cuo

Global: Anne Marie Elder appointed CUO of AXA XL's newly created Global Specialty branch

February 9 2024

Elder is tasked with leading the strategic direction and supporting growth in Marine, Aerospace, and Specialty Niche portfolios.

eka-lloyds-outlook-dowgraded-despite-90-cor-and-surge-in-gwp

Indonesia: Eka Lloyd's outlook dowgraded despite surge in GWP and 90% COR

February 9 2024

Fitch maintains ratings but revises outlook to negative, due to declining RBC ratio and concerns around challenges to meet new OJK equity requirements from 2026.

agri-key-to-12-1-cagr-for-chinas-property-insurance-segment

Agri key to anticipated 12.1% CAGR growth for China's property insurance segment

February 9 2024

GlobalData forecasts gross written premiums to grow to CNY428.3bn (US$67.7bn) in 2028.

AM Best assigns first ratings to Hong Kong's Well Link Life

February 9 2024

The growing life insurer receives 'B+' Financial Strength Rating and "bbb-" Long-Term Issuer Credit Rating with a stable outlook.

Pacific Prime expands to Australia

February 9 2024

Days after acquiring a Malaysian broker, Pacific Prime reaffirmed its commitment to APAC growth by announcing it had opened shop in Australia through key hire of Michael Atta.

scott-spaven-takes-helm-as-president-ceo-of-aig-singapore

Scott Spaven takes helm as General Manager of AIG Singapore

February 8 2024

Spaven given top job in Singapore following a decade at AIG.

AM Best affirms and then withdraws ratings for Shanghai Electric's captive insurer

February 8 2024

AM Best affirms and subsequently withdraws Shanghai Electric Insurance's 'Good' ratings upon company's request.

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