Vipal Durge is Features Editor at (Re)in Asia, covering the deals and corporate strategy reshaping Asia Pacific insurance. Areas of specialty include M&A and market consolidation, insurer results and underwriting performance, and regulatory decisions across Australia, Japan, India and Southeast Asia.
With more than 30 years of experience serving Korean and Asian shipping clients, Kim will lead the club's efforts to expand its membership base in Korea.
The Labuan-based reinsurer plans to deploy additional capital to fill capacity gaps left by competitors retreating from certain countries and regions amid a softening market.
The initial three-month agreement is expected to pave the way for a five-year partnership focused on improving insurance affordability and resilience, RACT said.
Life & Health reinsurance business emerged as an increasingly important earnings driver in the first half, as the group posted higher profits and appointed a new division chief.
