The insurer, which reported a solvency ratio of 142% as of September 2025, now has two months to submit a revised plan covering asset disposals, cost reductions, and capital increases.
The Indonesian reinsurer's risk-based capital ratio fell to 163% at end-2025 from 228% a year earlier, with Fitch also assigning a negative outlook following the ratings downgrade.
First announced in January, Canara HSBC Life’s board-level committee is set to review key terms for its debt‑fundraising at a meeting scheduled for 6 March.
Following a series of failed bids, Zurich has now agreed terms to create a specialty insurance business with about US$15bn in annual gross written premiums.
Despite headwinds from interest rate normalisation and yen depreciation pressures, Japanese life insurers continue to demonstrate sound fundamentals and broadly stable premium levels.
A strategic review of HSBC’s Singapore insurance manufacturing business appears to be picking up pace, as the group is said to be seeking buyers for the unit while retaining its local distribution net...
