AM Best affirmed Malayan's ratings due to its strong balance sheet and investment portfolio, but warned about volatile underwriting results.
IRDAI is considering caps on annual health insurance premium hikes amid concerns over steep price increases for policyholders outside the senior citizen bracket.
He brings over 16 years of industry experience, most recently serving as the Deputy Vice President of ICICI Lombard.
Prior to her move, Huang was based in Hong Kong as Manulife's AVP for the Asia In-Force Management team.
Cheong brings more than 25 years of experience in marine cargo underwriting.
Country's general insurance market grew 2.4% in July 2025, but accretion and marine slumped, while health lost momentum.
Australia's prudential regulator has outlined measures to address rising reinsurance costs and reduce regulatory compliance burdens for insurers as part of its latest corporate strategy.
Operating profit, capital ratio, and embedded value all rose for the pan-Asian insurer.
The final decision is expected to be made at an upcoming council meeting in September or October.
The ratings agency cites strongest level of risk-adjusted capitalisation despite negative insurance service result in 2024.
Life segment led growth with a 53% increase in premiums.
Net profit rises to 668m yuan (US$92m) in H1, compared with 55m yuan a year earlier.
