Odyssey Re gets approval to establish office in BeijingOctober 22 2015 by InsuranceAsia News Staff
- December 8
Six South-East Asian reinsurers including Malaysian Re, which will be the pool manager, Indonesia Re, VinaRe, Cambodia Re, Thai Re and Nat Re have pledged to provide underwriting capacity.
- December 6
The rating agency has confirmed the reinsurer's 'A' (Strong) rating with a stable outlook, based on very strong capitalisation and earnings.
- December 5
Carriers reacted with a mix of measures including price hikes, tighter terms, reallocation of capacity and screening of their portfolios, according to the reinsurer's annual Asean insurance pulse publication.
- December 1
The 15-member Taipei-based team will offer property & casualty, marine, construction, cyber, trade credit, financial lines, energy and employee benefits services.
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.