GI: Personal

koreas-lotte-insurance-on-market-for-us1-5bn-and-drawing-global-interest-reports

Potential Lotte Insurance sale drawing interest, but US$1.5bn valuation faces scrutiny

April 23 2024

Stake acquisition of Korean insurer drawing local and international interest, but questions remain about valuation post-IFRS 17 implementation.

Fitch: Korean Insurers well positioned to withstand overseas CRE downturns

April 23 2024

Potential fluctuations in overseas commercial real estate investments expected to have minimal impact on credit ratings.

weak-risk-models-and-poor-data-contributing-to-growing-nat-cat-losses-capgemini

Better risk models and data needed to help curb rising nat cat losses: Capgemini

April 23 2024

Innovative underwriting and better data can help improve property insurer's combined ratio says new report.

QBE's Jordan Stewart relocates for Business Development lead, Broker Distribution, Asia role

April 23 2024

Stewart moves from Melbourne to Hong Kong to strengthen broker partnerships across Asia.

honey-insurance-partners-with-bank-australia-after-securing-series-a-funding

Honey Insurance agrees six-year partnership with Bank Australia

April 22 2024

New white label partnership follows shortly after MGA announced successful AU$108m Series A Round.

Insurtech OneDegree sees 59% GWP increase in 2023

April 22 2024

Hong Kong virtual insurer exceeds HK$180m (US$22.97m) in GWP in 2023.

wtw-announces-shane-twemlows-return-following-17-years-with-aon

WTW NZ announces Shane Twemlow's return following 17 years with Aon

April 22 2024

Twemlow will join WTW New Zealand in July.

aerial-and-satellite-images-employed-to-fast-track-noto-peninsula-quake-claims

90% of Noto Earthquake claims investigated as of 31 March

April 22 2024

Latest figures from GIAJ show that approx. 115,000 of 128,000 claims investigated, with 81,000 claims now paid.

moodys-changes-peak-res-outlook-to-stable-from-negative

Moody's upgrades Peak Re's outlook to 'Stable' as contagion concerns subside

April 22 2024

Moody's says previous concerns about Fosun contagion risk are unlikely to rise significantly in next 18 months, while spotlighting reinsurer's strategic reduction of cat exposure.

Allianz Global Investors secures approval for fund unit in China

April 22 2024

AllianzGI secures approval to establish wholly foreign-owned fund management company, following initial regulatory nod in August 2023.

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