Fitch affirms construction guarantee insurer's ratings, noting that limited geographic and business diversification has prompted it to explore expansion opportunities.
Victorian Managed Insurance Authority said it will raise premiums due to record claims, driven by builder insolvencies, high inflation, and skilled worker shortages.
CreditSights report reveals mixed premium results, including some declines, but Japan's life industry sees profits rebound thanks to lower COVID-19 claims and better investment conditions.
