Alliance aims to provide businesses with tools to address climate and supply chain vulnerabilities, with an initial focus on Hong Kong, Singapore, and Malaysia,
Authorities from both countries brace for further rainfall as rescue efforts continue and insurance providers expedite support for affected communities.
Reinsurer's ratings affirmed as net profit surges, but managing volatility of expanding overseas business and non-voluntary cessions remains key, says Fitch.
Malaysia's largest bank reportedly evaluating options enhance the value of the insurer, including a buyout of Ageas's 31% stake and changes to bancassurance.
