Uplift in consumer sentiment helps APAC carriers combat reinsurance costs, inflation: Fitch
May 23 2023 by InsuranceAsia News Staff-
Tower upgrades FY 2024 profit outlook to US$20m
- April 19
The updated guidance assumes full utilisation of the FY 2024 large events allowance, which is set at US$26.5m.
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Generali streamlines insurance division in group restructure
- April 19
The insurer will separate insurance and asset management businesses from June 1 and the insurance division will be led by Giulio Terzariol with country and regional leaders, including Rob Leonardi-led Asia, reporting to him.
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Allianz Commercial’s Sandric targets double-digit growth in Asia but cautions on market softening
- April 19
The carrier aims to be a leader in the region's competitive commercial risks space and expand its alternative risk transfer solutions and multinational program offerings, the Asia chief executive told InsuranceAsia News.
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Exit-bound Lotte Insurance owner shopping for overseas private equity buyers: report
- April 18
South Korea’s JKL Partners is reportedly in talks with JC Flowers to sell the Korean non-life carrier in a sale process run by JPMorgan.ts valuation.