Hyundai Marine & Fire Insurance’s long-term line results to improve: AM Best
July 19 2024 by InsuranceAsia News-
Income to benefit from Allianz’s global expertise and potential synergies: Fitch
- July 19
The proposed acquisition is fully in-line with Allianz’s strategic objectives to grow inorganically in property and casualty, the rating agency said.
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China Huanong P&C downgraded for poor capital raising ability
- July 19
The global rating agency has downgraded the carrier's rating to 'BBB-' from 'BBB' with a negative outlook due to investment losses.
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Market dynamics positive despite geopolitical, climate risks headwinds
- July 18
Severe weather events, projected to rise by 5-7% every year, geopolitical unrest, and supply chain disruption are the main systemic perils that put pressure on the insurers, according to SwissRe Corso CUO Kera McDonald.
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Munich Re’s Serene Chan takes charge as head of P&C reinsurance for Greater China
- July 16
Chan, who was previously regional head of cyber for Asia Pacific with the reinsurer, was appointed in the new role following a wider regional leadership reshuffle earlier this year.