The German insurer rose two places to 27th overall in the Best Global Brands 2025 ranking, with its brand value increasing 20% to US$28.2bn, the highest among insurance brands worldwide.
Button brings more than 20 years of experience in financial and professional lines underwriting, having held senior roles at Sura Professional Risks, Gallagher Re and Allianz Australia.
The Hong Kong insurer’s steady expansion across key non-life segments and capital support from its parent underpin improved performance and balance sheet strength.
The agency also said it will set K-ICS ratio regulations within the year and review surrender value reserve rules to reinforce capital quality and solvency oversight.
Phoenix Mills becomes the first Indian company to secure parametric trigger-based insurance to protect against pandemic- or epidemic-related business interruption losses.
The fund will invest in small to medium-sized commercial infrastructure projects in emerging markets and developing economies and counts the International Finance Corporation, AXA, Generali, Swiss Re,...
