The country's sole domestic reinsurer also had its Financial Strength and Long-Term Issuer Credit ratings reaffirmed, amid a change in strategy to grow its business in life and other specialty segment...
Miller announces significant expansion in the APAC market with a new specialist treaty reinsurance team headed by Richard Broad, Lockton's former Regional Head of Reinsurance.
Stepping into her role as CFO, Burrows will leverage her 25+ years of experience and financial expertise to drive the global (re)insurer's profitability and performance.
ACIL's findings suggest Australia's Reinsurance Pool is not delivering as expected with respect to consumer savings and fostering market competition; recommendations include greater transparency from...
Singapore's top ten largest reinsurers saw underwriting profits more than double in 2022 as they tightened underwriting terms and lowered losses, amid economic and catastrophe-induced volatility.
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.
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...
Despite economic turbulence and sector-wide risks, S&P Global Ratings has improved the sector's outlook, from negative, attributing the upgrade to underwriting performance and strategic pricing.
Four ex-executives at Vesttoo, alongside employees of China Construction Bank and Standard Chartered, have been implicated in a $3.4bn fraud scheme involving forged letters of credit, according to the...
