NFRA issued new guidelines to promote the development of inclusive insurance in China, focusing on broad coverage, affordability, fairness, and sustainability.
Sources told Reuters that Richard Li plans to list pan-Asian insurer in Hong Kong, targeting a valuation of up to US$9bn depending on market conditions.
AM Best affirms credit ratings and assigns Vietnam National Scale Rating of 'aaa.VN', with strong operating performance of reinsurer expected to continue.