Fidelidade Macau’s COR below 80% as of September 2022
December 16 2022 by InsuranceAsia News Staff-
Tune Protect Re’s balance sheet strong, operating performance to improve post Covid-19: AM Best
- December 8
The rating agency has revised the outlook of travel-focused Malaysian carrier Tune Protect Re to positive from stable and affirmed the financial strength rating of B++ (good).
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Moody’s cut in China outlook hits Sinosure, PICC, CPIC P&C, China Life P&C and 2 captives
- December 8
The downgrade warning reflects evidence that financial support will be provided to financially stressed local governments and SOEs, posing broad downside risks to the country's fiscal, economic and institutional strength, the rating agency said.
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CSM growth to drive Korean non-life insurers’ assets, profitability: Fitch
- December 8
Korean non-life insurers to be stable in 2024, amid a high-interest-rate environment, despite facing uncertainty over the operating environment, with prolonged inflation and high interest rates.
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Malaysian Re continues to tighten its underwriting term, review retrocession arrangements: Fitch
- December 6
The rating agency has confirmed the reinsurer's 'A' (Strong) rating with a stable outlook, based on very strong capitalisation and earnings.
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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.