Non-life

Ben Holland appointed Construction Manager at Chubb ANZ

December 16 2024

He joins after a 19-year stint with Aon, most recently as Head of Placement, Construction.

allianz-income-still-in-talks-but-no-guarantee-acquisition-deal-will-take-place

Allianz withdraws from acquisition of Singapore's Income Insurance - reports

December 13 2024

Parties have struggled to find a solution that would satisfy government's conditions, say sources.

Australia's GI industry to hit nearly AU$150bn by 2029 - GlobalData

December 13 2024

Growth being driven by rising demand for nat cat coverage, increasing health awareness, and higher vehicle sales.

AM Best upgrades Korean Re's ICR rating, citing improved balance sheet strength

December 13 2024

Increased available capital, continued profit retention, and reduced underwriting risk underline ratings upgrade.

Bao Minh to maintain operating profit in 2024, despite Yagi losses

December 13 2024

AM Best affirms ratings, with Vietnamese insurer benefiting from reinsurance dependence and steady investment returns.

AM Best revises Starr Thailand's outlooks to positive, citing group integration strategy

December 13 2024

Insurer has seen improved underwriting results since being acquired by Starr Group in December 2022.

half-of-australian-insurers-have-now-set-2030-operational-net-zero-ica

Half of Australian insurers have now set 2030 operational net-zero targets: ICA

December 13 2024

Figure represents a 10% increase from 2023, however a significant number are yet to set targets for their claims supply chain, underwriting, and investments.

AM best upgrades Provident Insurance's ratings amid "significant" tech investment

December 13 2024

Investment in IT and pricing capabilities has elevated 2024 expense ratio but will aid execution of company's growth plan.

alexander-liu-takes-on-vice-president-for-cyber-and-financial-lines-role-at-msig-asia

Alexander Liu joins MSIG Asia as VP for Cyber and Financial Lines

December 12 2024

He joins after a five-year stint with Munich Re, offering global reinsurance and underwriting experience and expertise.

lonpac-may-see-constrained-underwriting-margins-in-the-medium-term-am-best

Lonpac Insurance may see constrained underwriting margins in the medium term: AM Best

December 12 2024

Reinsurance costs and pricing liberalisation may impact underwriting, but operating performance is expected to remain strong.

Investments drive Qianhai Re's 77% 2023 net profit surge: AM Best

December 12 2024

AM Best affirms ratings, pointing out the reinsurer has sustained an average ROE of 4.3%. from 2019 to 2023.

cyber-climate-and-geopolitical-risks-a-challenge-to-diversification-principle

Cyber, climate, and geopolitical risks challenge diversification principle

December 12 2024

Policymakers warn that the rapid pace of cyber and climate change means insurers face more than just underwriting challenges.

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