Malaysia’s RHB says talks on selling its insurance arm have made “meaningful progress”, but the parties still need to finalise the transaction terms and documents.
Panellists at PARIMA’s Singapore conference said captives are drawing more interest as fewer risks suit standard cover, but setting one up is hard without the actuaries, claims experts and insurers to...
The government revived the blocked proposal, maintaining that the resulting savings are needed to expand aged care capacity and support older Australians.
Authorities warned against imposing uniform requirements on agents or suggesting contract terminations without sufficient consultation as the industry implements post-scandal reforms.
The insurer has also offered wider home cover in northern Western Australia and pledged A$20m (US$14m) for community resilience as it seeks ACCC approval.
Industry experts expect future asset-intensive reinsurance (AIR) growth to hinge on access to third-party capacity, suitable matching assets and demonstrable risk transfer.
The measures are part of a broader effort to strengthen supply-chain resilience as geopolitical risks continue to pressure maritime transport and insurance markets.
