South Korea’s life market gets outlook upgrade
November 30 2021 by InsuranceAsia News-
WTW promotes Steven Torresan to APAC head of M&A practice
- July 23
Sydney-based Torresan will work closely with Guy Miller and Andrew Stubbings, who will assume joint responsibility to co-head the M&A Australasia business in WTW’s financial & executive risks team.
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Zurich Australia on course for 7% revenue growth in the next two years: S&P Global
- July 23
The rating agency has affirmed the insurer's 'AA-' rating with a stable outlook after implementing its revised criteria on capitalisation.
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Tokio Marine, Sompo receive FSA’s report orders on customer data leak
- July 23
In their responses to the regulator's requests, the carriers have promised to continue to investigate the information leak, determine the root cause, and take thorough measures to prevent recurrence.
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Korean insurers may record an increased volatility in investment returns: Fitch
- July 23
However, the carriers have sufficient capitalisation to withstand further deterioration in loan portfolios, which account for 18% of total invested assets in 2023.