Non-life

challenging-market-conditions-to-constrain-new-indias-underwriting-results-am-best

New India's underwriting losses worsen in FYE24: AM Best

December 16 2024

AM Best affirms ratings, but notes challenging market conditions will likely constrain underwriting results over the medium term.

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.

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