AM Best affirms CTPI HK's ratings, adding that, while overall underwriting performance has improved since 2019, its margins are expected to remain 'thin'.
Proposed reinsurance changes could have positive impact on carrier's credit profiles, but long-term impact likely to depend on factors which affect cedets' reinsurance appetite.
Gan Kim Yong, Singapore’s Deputy Prime Minister and Chair of MAS, unveiled plans to incentivise insurers' green infrastructure investments while expanding ILS market.
