Underwriting performance at Hanoi Re recovered in FY 2025, driven by favourable loss reserve development, lower management expenses and higher premium rates.
Fitch has identified correlated aggregation risk as the key near-term concern for specialty insurers, even as the agency maintains a broadly contained ratings outlook.
Legacy insurer has named Mark Fleiser as managing director of its new Australian operation, following the acquisition of a local insurer and a legacy portfolio from Zurich.
