The Council proposes a 10-year A$30.15bn (US$21.50bn) Flood Defence Fund targeting 24 east-coast catchments covering 1.2 million at-risk properties, among other priorities.
The draft guidance proposes stress tests for asset-intensive reinsurance deals, including recapture events and multiple reinsurer failures, to assess impacts on solvency and reserves.
Ratings agency flags continued pressure on China’s life insurers as low yields, rising equity exposure, and weakening solvency metrics weigh on the sector outlook.
Underwriting results in Hong Kong’s general insurance sector were mixed in 2025, with property underwriting profit falling sharply due to claims from the Wang Fuk Court fire.
The partnership unifies insurance and human resources services to provide mobility, risk protection, and transparent benefits for expatriate and local talent.
