South Africa’s Santam to expand into Asia: report
August 30 2024 by InsuranceAsia News-
China Re H1 2024 insurance revenue of domestic P&C reinsurance up 17.5% to US$3.3bn
- August 31
Overseas P&C reinsurance and Chaucer and P&C insurance divisions grew 10.2% and 2.6% year-on-year, respectively.
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China Pacific’s P&C underwriting profit jumps 47.6% to US$380m, COR improves to 97.1%
- August 30
The company delivered primary insurance premiums at US$15.7bn in the first six months, a 7.8% growth year-on-year.
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Indonesian carrier Artarindo’s capital buffer sufficient to support expansion: Fitch
- August 30
The rating agency also assigned a first-time national insurer financial strength rating of "A+(idn)" to the carrier with a stable outlook.
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Philippines regulator imposes money laundering risk assessments on insurers, brokers
- August 29
The Insurance Commission issued the guidelines that require institutional risk assessments on insurers and brokers at least once very two years.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.