Executives from Lloyd’s, Peak Re and ERGO say claims inflation, misread war-risk terms and a wide protection gap are testing (re)insurers as they follow clients into new markets.
The agency said TransGlobe Life's improving earnings and capital profile supported the removal of its Rating Watch Negative and provided a stronger buffer against further Taiwan dollar appreciation.
The reinsurer's head of P&C for Southeast Asia, India, Hong Kong, Taiwan, and Korea expects risk concentrations around data centres and semiconductors, along with secondary perils, to be the focus...
Bilal Zafar, formerly of Volante Global, will lead the unit, which will write treaty reinsurance across four lines with capacity from Fidelis Syndicates 3123 and 2126.
The regulator's master circular also introduces detailed disclosure requirements for insurer IPOs, clarifies ESOP approval thresholds and sets documentation standards for mergers and business transfer...
