After its first loss in 2022, the Hong Kong-headquartered reinsurer bounced back to achieve record profit in H1 2023; though AM Best maintained a negative outlook —warning of potential contagion risk due...
Despite a 10% decrease in capital and surplus, DSI maintains very strong risk-adjusted capitalisation and plans to diversify its underwriting portfolio, while reducing offshore reinsurance.
Lam first joined Manulife in 2017 before leaving in 2022; he now returns to take on the expanded responsibility of Chief Investment Officer and Head of Transactions, APAC Real Estate.
Bupa Hong Kong's commitment to a Net Zero future, achieved through major reductions in energy and water consumption, recognised with the LEED Gold certification.
The Insurance Authority's release of audited statistics confirms sharp increase in underwriting profit in 2022, despite modest growth of 3.11% in gross premiums.
Predicted CAGR rate of 11.8% will catapult APAC's liability insurance industry from US$39.4bn to US$61.7bn, with China being the largest contributor, according
