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Capital management
Fitch downgrades Asuransi Asei Indonesia to 'BBB+(idn)', places on negative watch
February 7 2025
Asei faces mounting financial pressures due to reserve volatility, underwriting losses, and increased reliance on reinsurance.
Jason Bolding appointed as CEO of Gallagher Securities
February 7 2025
Jason Bolding as CEO of Gallagher Securities, the company announced in a statement on LinkedIn. He succeeds outgoing CEO William Dubinsky, who will move into the role of Chairman of Gallagher Re unit. Bolding...
Asia cyber insurance claims rise as attack numbers increase
February 7 2025
Asian entities were particularly exposed to ransomware attacks in 2024.
Bupa eyeing larger stake in Niva Bupa Health insurance: Report
February 7 2025
Stakeholders "very excited" about potential for full control as FDI rule change looms.
Sustainability disclosures a 2025 priority for Hong Kong Green Finance Steering Group
February 6 2025
Group aims to ease SAR's adoption of standards such as IFRS S1 and S2.
Fitch affirms YF Life’s ratings as insurer tackles duration mismatch
February 6 2025
Hong Kong insurer's ‘A-’ rating backed by strong capitalisation, steady performance, and efforts to manage duration gaps.
Global reinsurance capital hits record US$715bn in first nine months of 2024
February 6 2025
S&P says it expects alternative capital to continue to "reach new highs".
Allianz, IAG to vie for acquisition of Western Australia’s RAC: Report
February 5 2025
Both firms are already waiting on regulatory approval for seperate acquisitions of similarly-profiled insurers.
Bajaj Finserv still eyeing potential JV split with Allianz
February 5 2025
Bajaj Finserv currently holds a 74% stake in its joint ventures, while Allianz has a 26% stake.
Complete control? Foreign insurers mull India FDI rule change
February 4 2025
India’s move to lift the 74% limit on foreign ownership of insurers is likely to spark structural change in the sector.
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