Industry Segments: Credit Page 1 / 1
- November 13 2023
Regional head Javier Sánchez Cea says, the Spanish reinsurer is targeting China as part of its wider APAC strategy to grow life, casualty, bond and credit lines.
- October 10 2023
AM Best has assigned a negative sector outlook for the Indonesian non-life insurance sector due to heightened reinsurance credit risk.
- October 2 2023
AM Best has assigned a rating of B++ (good) with a stable outlook considering its strong capital position.
- September 21 2023
There were 11 cases brought by the country's Serious Fraud Office relating to transactions made by CEO Paul Harris and CFO Carden Mulholland in the run-up to the failure of the credit insurer.
- September 13 2023
Fitch Ratings has affirmed an insurer rating of 'A+ for the company with a stable outlook while its COR improved to 87% in FY 2022 as against 93% in FY 2021.
- September 7 2023
The state-owned insurer plans to hold domestic and international investor meeting till the middle of next month for listing as early as November.
- September 7 2023
- China Continent P&C
- China Pacific Insurance P&C
- PICC Property and Casualty
- Ping An
- Sunshine Insuranece
Improved underwriting results, new products and a push from the government are driving growth, but an uncertain economic outlook has seen carriers rush to pare credit surety exposures.
- August 24 2023
The initial public offering, the first by a Korean state-owned company in 13 years, is expected to be completed by the end of October this year.
- August 18 2023
Despite significant reserve strengthening and re-underwriting of policies, uncertainty around the ultimate claims position remains given the long duration of products.
- July 13 2023
Guardino will report to Singapore managing director Graham Silton and Nick Robinson, HDI Global Specialty’s head of political and credit risk in London.
- June 20 2023
Samsung Securities and Mirae Asset Securities have been appointed as the lead underwriters for the proposed IPO.
- March 28 2023
The rating agency has affirmed the Chinese trade credit insurer's rating as A+ (strong) with a stable outlook.
- March 13 2023
The Korea Deposit Insurance Corporation-owned insurer has reported a profit of US$433m in FY 2022.
- February 13 2023
Deesha Doshi, who has worked at several international banks, joins as an executive director in the Lion City.
- January 17 2023
Former National Australia Bank credit insurance buyer Christopher Evans joins as executive director of Howden CAP in Brisbane.
- November 14 2022
QBE, Zurich and Colonial Mutual Life are among carriers that have agreed to the settlement in the class action initiated by Slater & Gordon.
- August 19 2022
The three-year agreement transfers credit risk from the bank's portfolio to the insurers’ balance sheets.