Swiss Re reports that Australian life insurers achieve a A$26.89 return for every A$1 spent on rehabilitation, but most claimants are referred after long delays.
The upgrade to 'AA' reflects S&P's view that Sun Life will maintain strong capital support for its Hong Kong unit as it expands through agency, broker, and digital channels.
Ralph Sherbahn leads MGA's Hong Kong business, which launches with AXA XL capacity and a focus on lines including cyber, D&O, and professional liability.
The FSU is demanding transparency on the full scale of planned job cuts at Acenda after three rounds of redundancies impacted 280 workers across departments.
Bruce Ford, Goh Thian Leong, Mark Foster, and Florence Lam Puoy Yin have joined the reinsurance broker as part of its strategic treaty expansion in Asia.
Premium income and new annuity sales strengthen even as rising policy surrenders, bond yield pressures, and higher operating expenses weigh on the sector.
