Allianz Australia acquires RAA’s general business for US$415m
December 2 2024 by Kristina Shperlik
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Labuan Re names Zaid Aziz Ibrahim as officer in charge following CEO exit
- January 3
Kuala Lumpur-based Ibrahim currently serves as the chief underwriting officer and has been with the company since 2020.
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Japan P&I’s underwriting performance could see some volatility: AM Best
- January 1
US credit rating agency assigns a financial strength rating of 'A-' (excellent) and a long-term issuer credit rating of 'a-' (Excellent), with a stable outlook.
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Envest to acquire ‘significant’ stake in New Zealand underwriting agency
- December 30
Envest Group, part of The Ardonagh Group, will acquire a stake in Ando Insurance Group, subject to regulatory approvals in New Zealand.
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Provident Insurance’s FY 2024 COR at 96.9%, operating performance supported by positive underwriting: AM Best
- December 12
AM Best has upgraded the Kiwi niche mechanical breakdown and private motor vehicle carrier's financial strength rating to “B+” (good) and long-term issuer credit rating (LT ICR) to “bbb-” (good) with a stable outlook.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
