News Page 423 / 1107
-
- November 29 2022
Insurtech Igloo eyes M&A as it raises US$27m in Series B extension
The Singapore-based firm recently launched a parametric Weather Index insurance product in Vietnam.
-
- November 29 2022
Suncorp names reinsurance manager for responsible investment
Rachel Yao has most recently been a senior capital and reinsurance specialist at the insurer.
-
- November 29 2022
IRDAI approves Go Digit’s IPO
The Fairfax-backed insurer will raise about US$440m from the public offering.
-
- November 29 2022
Indian agri insurance start-up Kshema gets regulatory nod
The digital rural insurer is the first to get a carrier licence in five years; IRDAI said there are 18 applications in the pipeline.
-
- November 29 2022
Korea’s Construction Guarantee Insurer’s outlook stable over strong capital: Fitch
The carrier's A rating with stable outlook was affirmed due to its ‘very strong’ capitalisation backed by state support.
-
- November 28 2022
AIG appoints Lily Claydon as APAC chief risk officer
Claydon joins the insurer in Singapore after serving as head of risk management at bolttech.
-
- November 28 2022
Bank Negara Malaysia to invite bids for digital insurer licences
The central bank will issue up to five licences after the regulatory framework is finalised next year.
-
- November 28 2022
IRDAI to relax norms for investors in insurance, fund-raising; changes reinsurance rules
Ease of raising capital expected to usher in long-term investments, as reinsurance retained in the country to be 50%.
-
- November 28 2022
Tokio Marine Kiln hires APAC marine underwriter from Chubb
Singapore-based Timothy Wills was most recently marine cargo product manager, Australia at Chubb.
-
- November 25 2022
Motor profitability to drive China P&C, outlook revised to stable: Moody’s
Premium growth will remain solid over the next 12-18 months.
