Following feedback from 42 respondents, the Insurance Authority has finalised amendments to the RBC regime, with additional guidance to be issued ahead of implementation.
Since its launch in March 2025, the Beijing commercial space co-insurance consortium has also reduced its average inquiry and underwriting time by 20%.
Dobias brings senior underwriting and leadership experience across Europe and Asia to his new role as Global Head of Multinational at Allianz Commercial.
The Australia‑listed insurer’s Q1 trading update highlighted solid premium momentum alongside net catastrophe claims exceeding half of its first‑half allowance.
Morley, Aspen’s former APAC head, will lead Sompo’s London reinsurance team and support its international growth strategy following Sompo's acquisition of Aspen.
The new policy triggers financial relief when a set number of people are affected by extreme weather, and follows the rollout of a similar impact-based policy in Lao PDR in 2025.
