Union Insurance’s capital restored to pre-Covid levels: AM Best
May 30 2024 by InsuranceAsia News-
Vietnam’s Techcombank set to launch non-life carrier
- October 16
Hanoi-headquartered Techcom Non-Life Insurance received approval from the Ministry of Finance and is expected to start operations early November.
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India’s Tata AIG General Insurance MD & CEO Neelesh Garg quits: report
- October 7
Garg, who has been heading the joint venture between Tata Group and AIG for over nine years, will likely start his own venture, according to a local media report.
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SBI General Insurance names Vivek Mane as head of distribution, agency & broking
- October 7
With two decades of experience, Mumbai-based Mane was most recently vice president & national manager for agency and retail broking at Liberty General Insurance.
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ICA extreme weather charter calls for collaboration with governments, community groups for delivery of services
- October 3
The charter outlines disaster preparation, response and recovery recommendations for general insurers, who have paid out US$13bn in claims from 20 ICA-declared events since the Black Summer bushfires in 2019-20.
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HSBC Asset Management | The hunt for diversification and performance revitalizes appetite for Asian currency bonds
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
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PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
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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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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.