Bahrain-based Arab War Risks Insurance Syndicate (AWRIS) has a track record of strong operating performance, demonstrated by a five-year (2019-2023) weighted average combined ratio of 65.7% and a five-year return-on-equity ratio (ROE) of 6.0%, says AM Best.
Rokstone, an international speciality (re)Insurance MGA and part of the global (re)insurance group Aventum, has received a regulatory licence from the Dubai Financial Services Authority (DFSA).
Tysers has appointed Ms Babita Rai as CEO, Singapore and Mr William Furness-Smith as head of marine, APAC.
Rare Earth Insurance Partners Shanghai (Rare Earth Shanghai) has been launched in mainland China as an independent wholesale insurance broker.
Australia's biggest general insurer QBE has announced a strategic partnership with Taipei-headquartered Eos Rhea Metis (ERM) to enhance its risk engineering services for corporate clients in Taiwan and across Asia.
Hong Kong's Insurance Authority (IA) will carry out a review next year to strengthen Hong Kong's position as a global risk management centre, revealed Mr John Lee, the territory's Chief Executive.
Specialist Risk Group (SRG), a fast-growing specialist insurance intermediary, majority-owned by Warburg Pincus and Temasek, has announced its launch in Asia Pacific, marking its expansion into the region.
Specialist Risk Group (SRG) has expanded into APAC, and appointed Mr Chua Eng Leong as a non-executive director of its new subsidiary based in Singapore.
Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, has announced that Africa Specialty Risks Ltd (ASR Ltd), ASR's UK-based entity is operating as a Lloyd's service company, underwriting on behalf of ASR Syndicate 2454.
The National Financial Regulatory Administration (NFRA) is working to improve insurance services for technology-based businesses throughout their entire lifecycle, according to Mr Yin Jiang'Ao, director of the Property Insurance Supervision Department of the NFRA.