Editorial team – (Re)in Asia

Editorial team

MGA's Epsilon, Wellington Underwriting, and Aster to merge

January 30 2024

The merged business will combine for a collective AU$150m (US$99.2m) in GWP and gradually transition to operating under the Epsilon brand.

APRA increases Auto & General capital requirement by AU$50m

January 30 2024

Following review, regulator mandates risk remediation program and increases capital requirement by AU$50m (US$33m).

S&P affirms 'A' Ratings for Toa Re

January 30 2024

Japanese reinsurer has strong capital adequacy, but S&P considers the group to be in the process of 'rebuilding' its reinsurance business.

RGA name Sunil Sharma as new India CEO

January 29 2024

Sharma will bring over 30 years of global (re)insurance experience to the new role.

AM Best assigns Vietnam National Scale Rating to PTI, but warns of negative outlook

January 29 2024

PTI responds to increased loss ratio by tightening health and motor underwriting, yet faces a negative outlook due to recent capital erosion and riskier investment approach.

Mike Baker moves to Howden as Chief Client Officer, Asia

January 29 2024

Baker joins from Aon and will be responsible for growth of the large client segment, focusing on complex risks including energy, cyber, climate, and political.

Nissay sees 'Superior' credit ratings maintained amid continued core operating profit improvement

January 26 2024

AM Best affirms Nippon Life Insurance Company ratings with a stable outlook as post-COVID recovery continues.

AM Best assigns 'Exceptional' national scale rating to Bao Minh Insurance

January 26 2024

AM Best assigns Vietnamese insurer NSR of aaa.VN, while maintaining its Financial Strength Rating at B++.

Aerial and satellite images employed to fast-track Noto Peninsula quake claims

January 26 2024

Cross-industry 'joint survey' teams will use imagery to identify 'total' and 'partial' loss areas to enable faster claims processing.

Cyclone Kirrily makes landfall near Townsville as Cat 3 storm

January 25 2024

Townsville bears brunt of Category 3 storm, with severe winds and heavy rains causing widespread disruptions and raising fears for farming sectors.

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