Malaysia's Lonpac Insurance maintains 'A' ratings against the backdrop of a stable financial standing and adept navigation of post-pandemic claims surge.
Charles Taylor's Asia team surpasses 300 specialists with Matthew Cao appointed as MD of Southeast Asia alongside 10 other hires in Singapore, Hong Kong, and Malaysia.
Nat Cats have resulted in combined ratio of 105.6% over the last 5 years, but product initiatives, hard reinsurance market, and strategic reduction in Lloyd's business should see continued improvement...
Armed robberies in the Singapore and Malacca straits have surged; inadequate interception and investigations are leading to rising concerns about the impact on regional trade.
Without identified insurance or an owner that can be tracked down, the ultimate fate of the Pablo is unclear, highlighting the dangers of the Shadow Fleet.