Reinsurers compete aggressively for APAC business as record capital levels and benign loss experience drive double-digit rate reductions across the region.
Despite the phased liberalisation of motor and fire pricing, AM Best notes that Lonpac’s robust capitalisation and stable performance continue to underpin its ratings.
Marcus Thomas, Brett Gardiner, Shawn Anderson, Ben Hissey, and Angelo Maniatis have all taken new leadership roles following Liberty’s recent regional business integration.