The disasters encompassed diverse events, including an avalanche in Nyingchi, Tibet, heavy rains in Henan Province affecting the harvest, and Typhoon Doksuri leading to catastrophic floods in the Hai River...
China's insurers saw its investment portfolio grow by over 10% last year, however insurers are grappling with dwindling yields, limited investment options, and negative spreads due to declining interest...
Despite observations of potential risks, China Life Insurance's robust performance and substantial government support earn it a continued A+ rating from Fitch.
Mikey Anthony takes on the recently created position and is tasked with advancing the reinsurer's ESG initiatives and ensuring environmental and regulatory compliance.
Korean C-suite expects increased profits, independent of significant lift provided by IFRS 17 and despite increased competition and economic uncertainties.
The broker group has announced its expansion into the US insurance market following an agreement to acquire ISU Group, one of the largest independent insurance agency networks in America.
The experienced McDonnell will move from the UK, where he held positions such as COO for The Integrity Council for The Voluntary Carbon Market and CRO at Royal & Sun Alliance Insurance Group.
APRA and ASIC publish information package to oversee implementation of FAR, a new regime which aims to improve transparency and accountability in the insurance, banking, and superannuation sectors.
