New Zealand announces US$720m cyclone, flood recovery packageMay 15 2023 by InsuranceAsia News Staff
China targets global cedents with Shanghai reinsurance hub
- June 9
The international board, launched on June 8, rolls out incentives for international (re)insurers to tap the country's capital.
Sri Lankan insurers’ profits to be hit by inflation, currency devaluation: Fitch
- June 8
Underwriting profit for P&C insurers to be squeezed by rising motor spare-part costs, while sparse foreign-currency liquidity is hampering firms.
Despite the buzz, Korean insurance M&A slow to take off
- June 6
A consolidated market, low valuations and lack of sizeable targets make dealmaking hard in the north Asian country.
China proposes new reinsurance board in Shanghai
- June 2
An international reinsurance market will be set up in Shanghai free trade zone to promote the city as an international reinsurance hub.
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