Three policies have been issued to Hoger Offshore and Marine, Vedanta Sterlite Copper and Balrampur Chini Mills, indicating early uptake by industrial and shipping‑linked corporates.
Reinsurer supports FSA’s proposed AIR rules, which would require Japanese life insurers to strengthen stress testing, oversight, and collateral management.
Narelle 2, Fina, and Koji were the season’s largest declared events by estimated ultimate loss, with ARPC citing complex, geographically dispersed impacts.
Following feedback from 42 respondents, the Insurance Authority has finalised amendments to the RBC regime, with additional guidance to be issued ahead of implementation.
