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Monday, October 5, 2026
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Letters of Discredit: $4.8bn Vesttoo fake LoC sets stage for 2024 court drama
January 24 2024
Lloyd’s tightens counterparty risk standards following scandal which rocked the (re)insurance sector.
China imposes stock selling restrictions on insurers - report
January 24 2024
Chinese regulators are understood to have directed state insurers to limit sales, in a bid to stabilise country's domestic stock market.
Sompo Holdings Chairman and Group CEO to resign over Bigmotor insurance fraud scandal - reports
January 23 2024
Kengo Sakurada to resign in wake of subsidiary Sompo Japan's involvement in Bigmotor insurance fraud case.
Fitch maintains Thai Re's ratings, as COR recovery continues post-Covid
January 23 2024
Stable outlook and 'A-' rating maintained, with combined ratio expected to remain below 100% in 2024.
Lloyd’s coverholder Kita expanding to Singapore
January 23 2024
The carbon insurance specialist and Lloyd's coverholder announces expansion into Singapore and Switzerland.
NorthStandard to open South Korea office in 2024
January 23 2024
The marine insurer will open a Seoul branch in spring, with Claims Director Shang Doe Shim set to move from Singapore to lead the office.
Tropical Cyclone Kirrily set to form as Queensland braces for third nat cat in a month
January 22 2024
Queensland coast on alert, with state still reeling from Cyclone Jasper and severe festive season storms.
EV market expansion spurs opportunities for insurer-manufacturer collaboration
January 22 2024
Strategic partnerships that combine vehicle data with expertise in claims handling and risk assessment can lead to improved insurance products.
Sompo Japan to name Koji Ishikawa as President - report
January 22 2024
Ishikawa poised to succeed Giichi Shirakawa, who resigned in September amid questions over Sompo's handling of business partner Bigmotor Co.
Fitch affirms ratings of MPM Insurance despite GWP decline
January 19 2024
Strategic shift away from multipurpose credit insurance sees lower GWP, but Indonesian insurer's COR remains healthy.
Fitch assigns Zheshang P&C Insurance a BBB rating
January 18 2024
Zheshang Insurance receives a 'BBB' rating from Fitch, highlighting its improved underwriting performance and strategic market expansion, despite investment and capital risks.
Japan non-life cat premiums set to continue rising
January 18 2024
The changing Japanese inflation outlook is enabling non-life firms to improve underwriting on catastrophe insurance.
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