Insurance claims from the deadly Wang Fuk Court fire in Hong Kong are unlikely to affect the rating of China Taiping Insurance Group (TPG), according to credit ratings agency Fitch Ratings.
The risk-adjusted capitalisation of China Taiping Insurance (HK) Company [CTPI(HK)] was at the strongest level as of year-end 2024, as measured by Best's Capital Adequacy Ratio (BCAR), and is expected to remain robust over the short to intermediate term, according to AM Best.
Over HK$327m ($42m) has been donated by various Hong Kong-related insurance companies through their charitable arms, group and parent companies to victims of the 26 November high-rise fire disaster in the city.
DB Insurance has moved closer to making the largest US market entry by a Korean non-life insurer, after...
The Actuaries Institute has warned of significant underinvestment by the Canberra government in climate...
The Financial Supervisory Commission (FSC), Taiwan's financial sector regulator, has partnered with India's International Financial Services Centres...
Allianz SE, Reinsurance (Allianz Re) has appointed Ms Anna Kohls as Regional CEO and Head of P&C Client Management of its reinsurance branch in...
State-run insurer Life Insurance Corporation (LIC) of India has announced the appointment of Mr Ramakrishnan Chander as Managing Director.
Global specialist asset manager, Aberdeen Investments, announced the appointments of Mr Alan Koey and Ms Echo Yang as Senior Solutions Directors to...
Everest Group has appointed Mr Attila Kerényi as Group Chief Risk Officer and Ms Katy Bradica as Group Chief Actuary, both effective early 2026.
Swiss Re has appointed Ms Nicole Pieterse as Chief People Officer, effective 1 January 2026. She is currently Swiss Re's Head Human Resources for P&C...
Arrowhead Intermediaries has appointed Mr Steven Beard as CEO, International, effective February 2026.