Cathay Century to sustain turnaround as motor revenues pick up: AM Best
September 29 2023 by InsuranceAsia News Staff
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Zking P&C to remain profitable in 2023 despite higher claims: Fitch
- December 1
Fitch Ratings has affirmed an insurer rating at 'A-' (strong) for the company with a stable outlook.
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Chinese non-life insurers’ investment risks manageble, focus on underwriting results: AM Best
- November 29
Economic recovery and the recent relaxation of solvency-related investment rules support the sector’s “stable” outlook.
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Korea carriers plan to lower motor premiums could impact loss ratios: report
- November 28
A US$773m financial aid package announced by President Yoon Suk Yeol to be rolled out by life and non-life insurers for helping small and medium-sized enterprises will see motor cover rates slashed by 3%.
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Vietnam’s relaxed foreign investment rules could bolster M&A: AM Best
- November 28
AM Best maintains stable outlook on the South-East Asian country's non-life insurance sector, but challenges remain due to slowing economic growth.
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Capital Consulting International seeks to expand into new markets and double its APAC presence
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
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Peak Re | From cybercrime to mental well-being: evolving needs of emerging Asia
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.
