Ratings affirmation and outlook upgrade came as FWD Group moved from its inaugural full-year profit of US$10m in 2024 to US$39m in the first half of 2025, driven by new business growth.
The breach exposed personal data from 33.7 million accounts, leaving Coupang facing potential compensation claims of trillions of KRW, far exceeding the insurance policy’s limit.
The insurer posted positive earnings in spite of losses from Typhoon Yagi in 2024, and underwriting margins have shown a recovery in the first nine months of 2025.
The partnership will develop comprehensive extended warranty insurance products for Chinese EV brands sold in Thailand as manufacturers seek more reliable after-sales and risk-transfer mechanisms.
(Re)in Summary
• Mitsui Sumitomo Insurance (MSI) now holds at least a 12.5% stake in W. R. Berkley Corporation. • This triggers a requirement for the Berkley family to recommend an MSI designee...
As part of 'refreshed' strategy, reinsurer has raised L&H unit's 2026 income target to US$1.7bn, having completed a portfolio review in Australia, Israel, and South Korea.
