Insurance-linked securities, captives and other alternative capital structures are increasingly important tools for supporting Asia's rising infrastructure risk exposures, the regulator said.
Overall ratings affirmation and stand-alone credit profile upgrade to 'a+' come as the RAA Insurance deal lifts insurer to third in the country's property and casualty market.
The offering provides SMEs with bundled coverage tailored to their unique risk profiles, eliminating the need to purchase and manage multiple policies.
He brings more than 18 years of experience in the life insurance sector spanning risk management, actuarial science, financial risk and capital management.
