GI – (Re)in Asia

GI

fitch-affirms-a-rating-for-chinas-tk-cn-insurance-after-combined-ratio-improves-to-92

Fitch maintains A- rating for China’s Tk.cn Insurance after combined ratio improves to 92% in 2022

June 16 2023

Tk.cn's combined ratio improved considerably from 121% in 2021, however Fitch expects the Chinese insurer's capitalisation to decline this year as its insurance portfolio expands.

Global news: Generali acquires Liberty Seguros for US$2.5bn

June 16 2023

The acquisition includes Liberty Seguros operations in Ireland, Northern Ireland, Portugal and Spain, which have a focus on personal lines and small commercial insurance business

Further rule changes being considered to increase insurance penetration: IRDAI Chairman

June 15 2023

Debasish Panda told Bloomberg that the IRDAI is looking into further law amendments including capital requirements, registrations, and value-added services.

bolttech-partners-with-taiwan-mobile-to-offer-insurance-products-underwritten-by-fubon

Bolttech and Taiwan Mobile launch insurance partnership underwritten by Fubon

June 15 2023

The partnership beings with travel insurance but is expected to expand to cyber, auto, and personal injury in future.

iag-expects-to-exceed-perils-allowance-for-the-seventh-time-in-eight-years

IAG expects perils cost to hit AU$2.9bn (US$1.99bn) and exceed perils allowance for the seventh time in eight years

June 15 2023

At its Investor Day, IAG executives revealed rate hikes, expected perils costs, and expected business achievement for 2023.

report-pe-firm-ta-associates-exploring-sale-of-australian-broker-honan

Report: PE firm TA Associates exploring sale of stake in Australian broker Honan

June 15 2023

Discussions are in early stages, but it's understood investment funds and other industry players are interested in a deal which would value Honan at between US$300m-$400m.

fitch-affirms-lloyds-and-lloyds-china-ifs-rating-at-aa-despite-2022-loss-and-environmental-exposure

Fitch affirms Lloyd’s and Lloyd's China IFS rating at 'AA-' despite US$1bn loss and Nat Cat exposure

June 15 2023

The (re)insurance marketplace recorded a 91.9% combined ratio in 2022 but was hit by valuation losses in its bond portfolio.

Chubb launches Cyber Central platform for brokers and agents

June 15 2023

Cyber Central helps simplify the quote process for cyber, technology E&O, and miscellaneous professional liability.

india-to-require-all-insurance-policy-holders-to-create-health-id-number

India to require all insurance policyholders to have associated health ID number

June 15 2023

All policy buyers and holders will need an ABHA ID number which the regulator says will improve transparency, increase trust, and reduce fraud.

customer-data-likely-stolen-as-a-cyber-attack-hits-two-prudential-companies-in-malaysia-1

Customer data likely stolen as global cyber attack hits two Prudential companies in Malaysia

June 14 2023

The attack was part of the global MOVEit data-theft attack and is likely to have led to the theft of agent and customer data.

IRDAI: Some insurance entities are failing to adhere to cyber incident guidelines

June 14 2023

The Indian regulator issued a circular to make it clear that all insurance entities need to abide by its cyber incident protocol.

Insurance Council of Australia praises AU$800m Northern Rivers home buyback

June 14 2023

The buybacks are occurring in areas most at risk of life-threatening floods and as part of the Resilience Home Program.

Previous 1 … 150 151 152 153 154 … 170 Next