Mandarin Re, a specialty property and casualty reinsurance company, has increased its paid-up capital to $26m.
India's insurance sector is poised for massive long-term growth, supported by structural reforms, low insurance penetration, and a favourable regulatory environment, but macroeconomic headwinds and profitability pressures remain key risks, said S&P Global Ratings.
Bajaj General Insurance and Swiss Re Corporate Solutions are exploring a commercial insurance partnership in India to bring together the general insurer's strong local market presence with the global reinsurer's risk knowledge and commercial insurance capabilities.
HSBC's sale of its Singapore insurance business is expected to enhance the capital positions of the bank with a higher CET1 ratio.
Rising health insurance penetration will support the growth of Indian hospital sector, according to a new survey report by Deloitte India.
Natural hazard risk is increasingly shaping capital allocation across financial markets. With insurance capacity tightening and physical risks becoming more financially significant, investors will increasingly face these exposures across a wide range of asset classes.
Asia is central to the global build-out of AI server infrastructure, given its manufacturing strengths and supply chain integration, according to a report from Eastspring Investments, the asset management business of Prudential.
AM Best is maintaining its stable outlook on Vietnam's non-life insurance segment, citing robust demand, technology adoption and healthy macroeconomic factors.
Asset managers, Aberdeen Investments, remains optimistic about AI-related technology companies in Asia, citing strong demand and positive medium-term outlooks from companies in Korea and Taiwan.