The State Grid-owned insurer's solvency ratio was 275% at the end of H1 2026, unchanged from the end of 2025, while disciplined risk selection kept its combined ratio at 93% in 2025.
The entrance into the cyber segment comes after the non-life insurer’s Japan branch reported premium income of JPY28.9bn (US$183.1m) in 2025, alongside continued expansion of its specialist workforce....
Under the proposed rules, insurers and takaful operators would have to check customer understanding before underwriting and stop sales that cannot meet a customer's needs.
The new reinsurance broker will initially serve Korea and Japan from Singapore before expanding into Southeast Asian markets including Malaysia and Indonesia.