Business type

AM Best lifts 'under review' status of Taiwan's Hotai Insurance; upgrades outlook to positive

September 15 2023

Hotai has been upgraded to a stable and positive outlook, reflecting the company's successful mitigation efforts and supported by capital injection from parent firm Ho Tai Motor.

A man in a suit is smiling for the camera.

Anthony Dagostino joins AXA XL in newly created Global Chief Cyber Underwriting Role

September 15 2023

Dagostino, founder of cyber insurance firm Converge, steps into the newly created role to spearhead the company's cyber growth.

A pile of debris in the yard of a house.

ICNZ: Over NZ$2bn paid in Auckland floods and Cyclone Gabrielle claim settlements so far

September 15 2023

New Zealand insurers have settled 64% of claims volume, amounting to NZ$2.05bn (US$1.19bn) of the —newly revised — NZ$3.5bn (US$2.07bn) in claims.

An image of a city with a view of the ocean.

Monte Carlo RVS 2023 reflections: Further repricing on the way as cost of capital continues to bite

September 15 2023

Hardening rates, cost of capital, the protection gap, climate change, cyber, and AI all featured prominently during Les Rendez-Vous de Septembre 2023.

A red arrow pointing to australia on a map.

Markel expands APAC footprint with 3 new Australian offices; appoints AXA XL's Morison as Country Managing Director

September 14 2023

Markel is opening offices in Sydney, Melbourne and Brisbane and has hired industry veteran Rory Morison to head up the country's operations.

A group of men standing in front of a pink wall.

Bowtie closes Series B2 funding round of US$34.9m

September 14 2023

The Hong Kong insurtech raised US$34.9m led by Sun Life Hong Kong Limited and with participation from Mitsui & Co.

Asia Pac reinsurers' new written premiums continue to rise

September 14 2023

Despite a spike in nat cat losses and financial market volatility, APAC reinsurers saw a 8.1% increase in new written P&C premiums in 2022 and are expected to have further growth.

Jigsaw puzzle with the city of singapore in the background.

Sumitomo Life to buy Aviva's stake in Singlife for US$1bn

September 13 2023

Aviva will receive US$998m for its equity stake and two debt instruments, with Sumitomo Life increasing its total shareholdings to 49%.

A blurry image of a computer screen with a stock chart on it.

Fitch maintains Malaysia's P&O financial strength rating despite combined ratio of 133% in FY23

September 13 2023

Fitch Ratings has reaffirmed Pacific & Orient Insurance's IFS rating, citing the firm's strong capitalisation and prudent investment approach, despite stressed profitability and fierce competition...

An image of a stock chart with a city in the background.

Seoul Guarantee Insurance set to go public on November 3rd

September 13 2023

The state-run Korean surety bond and credit insurance provider is set to go public with shares around US$35 each, potentially reaching a market cap of US$2.72bn.

A flooded area near a building with colorful lanterns.

Losses from rainstorm in Hong Kong to rival record from Typhoon Mangkhut

September 13 2023

AM Best estimates the flooding in Hong Kong and the Pearl River Delta, caused by 1-in-500 year downpours, will result in losses similar to those caused by Typhoon Mangkhut — which could be billions of...

An image of a network of social icons on a dark background.

Moody's RMS establishes cyber steering group; announces significant investment in cyber analytics

September 13 2023

The group includes Munich Re, Gallagher Re and Bitsight and will aim to tackle constraints hindering growth of the cyber insurance market.

Previous 1 … 580 581 582 583 584 … 644 Next

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August