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- July 26 2024
Income parent assures of commitment to Singaporeans amid backlash over Allianz deal
Chairman of NTUC Enterprise, the largest shareholder, said that the US$1.6bn Allianz' offer will not alter its "social commitments", and that it will continue to be an active shareholder.
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- July 26 2024
Sompo China to sustain profitable underwriting: S&P Global
The rating agency has affirmed the carrier's 'A' long-term local currency financial strength rating and issuer credit rating with a stable outlook.
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- July 26 2024
China Re’s COR to improve in next two years on portfolio overhaul: S&P Global
The state-owned reinsurer's combined ratio will likely lower to 99% from the five-year average of 102.1%. The rating agency has also affirmed its "A" rating and "stable" outlook.
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- July 26 2024
Marsh promotes Kane Sim to chief client officer for private equity and M&A, Pacific
In his previous role, Sydney-based Sim worked as the broker's head of transactional risk for the region.
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- July 26 2024
MSIG China’s subdued liability book weighs on underwriting performance: S&P Global
The rating agency affirmed its 'A' rating with a stable outlook, reflecting the outlook on the core operating entities of MS&AD.
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- July 26 2024
Opinion: China’s onshore oil & gas expansion throws spotlight on risks for insurers
With China's new exploration projects, questions remain over which (re)insurers will benefit at a time when the backlash against failure to exit from fossil fuels underwriting grows louder.
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- July 26 2024
Nova Insurance set to fully acquire China arm by year-end
While it will be business as usual for the Hong Kong broker's China unit, it has also received regulatory approval to open a branch in the city of Suzhou, its third in the country.
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- July 26 2024
Typhoon Gaemi to make landfall in mainland China after hitting Taiwan and the Philippines
The storm, which landed near the city of Hualien that faced losses from an earthquake earlier this year, is believed to be the most powerful storm to hit Taiwan in eight years.
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- July 25 2024
CrowdStrike event to cost cyber insurers up to US$1.5bn: CyberCube
The loss caused by the outage amounts to the largest single insured loss event in the past 20 years of the cyber insurance industry.
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- July 25 2024
Howden appoints Ngoensin Sutipitawkong as major accounts senior director in Thailand
Based in Bangkok, he joins Howden from Lockton where he was a director for three years from June 2021.
