The Insurance Authority has urged insurers and brokers to strengthen self-reporting and oversight after inspections found recurring governance and due diligence gaps.
Investigators from the Fair Trade Commission visited the headquarters of eight insurers to secure materials linked to corporate group accident insurance tenders.
Specialty (re)insurer's fifth global unit will integrate data, analytics and risk engineering to help clients address exposures such as climate, cyber and supply chain disruption.
The agency had also affirmed the insurer’s A+ financial strength rating for its key life/health subsidiaries, alongside affirming the parent’s “a-” issuer credit rating.
