Non-life

fitch-downgrades-china-huanong-p-and-c-rating-on-thin-capital-buffers-and-investment-losses

Fitch withdraws China Huanong Property & Casualty's IFS Rating

November 12 2024

The insurer's rating was downgraded in July, with withdrawal following Huanong's decision to cease participation in the rating process.

Generali jumps to 9th place in Forbes Top Companies for Women list

November 12 2024

Global 2024 rankings based on survey of 100,000 women and considers factors such as workplace practices and gender pay equity.

IRDAI ombudsman member urges insurers to simplify policy language - report

November 12 2024

Pushpa Girimaji calls for clearer policies to reduce misunderstandings and grievances.

Howden acquires Hong Kong's Storfield Insurance Consultants

November 12 2024

Howden's workforce in Hong Kong has grown to about 200 following the acquisition of the SME and HNW-focused brokerage.

gen-z-demongraphic-shift-highlights-need-for-flexible-insurance-products

Gen Z demographic shift highlights need for flexible insurance products

November 12 2024

Timing of key life events, work arrangements, and other lifestyle preferences mean insurers should consider simplified and adaptable products.

swiss-re-calls-for-greater-risk-mitigation-investment-amid-surge-in-nat-cat-losses

Swiss Re calls for greater investment in risk mitigation amid surge in nat cat losses

November 12 2024

A study from the Swiss Re Institute says financial benefits of investing in flood adaptation measures can be up to ten times greater than the costs of rebuilding.

AM Best assigns stable outlook to New Zealand life insurance, affirms stable outlook for non-life sector

November 12 2024

Kiwi insurers demonstrating resilience amidst market challenges, says AM Best.

Sedgwick Asia strengthens aviation capabilities with hires of Shaun Hawley and Ben Manogue

November 11 2024

Both join as Aviation surveyors, with Hawley arriving from His Majesty the Sultan's Flight, Brunei and Manogue moving from Virgin Australia.

Malaysia Takaful Association unveils new strategic framework

November 11 2024

Launch of Hijrah27 framework comes as Malaysia’s Takaful sector achieves a 20% penetration rate, driven by increased demand and digital adoption.

luka-zdravic-steps-into-financial-lines-underwriting-manager-role-at-hdi-global

Luka Zdravic joins HDI Global as Financial Lines Underwriting Manager

November 11 2024

Perth-based Zdravic joins HDI after 13 years with Zurich.

Charles Taylor strengthens APAC marine capabilities with key hires

November 11 2024

Loss adjuster announces new marine appointments in Australia, Singapore, Hong Kong, and China.

ZhongAn's performance remains subject to investment volatility despite stable COR: AM Best

November 11 2024

AM Best affirms ratings with online insurer seeing its stable combined ratio being offset by investment and non-insurance risks.

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