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John Chen, president, Swiss Re China, said new regulations have focused on adequately supporting risk, but have reduced capital requirements for moto
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Mike Mitchell, head of property underwriting for Swiss Re in Asia, said 2011 was a peak year for catastrophe losses in the region, but that ongoing d
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A.M. Best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating to “bbb-” from “bbb” of St
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David Sampson, president and chief executive officer of the Property Casualty Insurers Association of America, said the insurance industry faces a wi
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Sony Life Insurance Co. Ltd. has agreed to acquire a 14.9% stake in ClearView Wealth Ltd. for A$145 million (US$110.7 million) from Crescent Capital
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Marsh McLennan Cos. will stick with its global growth plans even as it is likely to see its revenue remain modest for the rest of 2016, as the world
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Asia is a very diverse region with varying levels of capitalization, regulations, tariffs and enterprise risk management, which creates equally diver
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Japan’s life insurance companies have increased their allocations into foreign-currency-based investments over the past five years, currently account
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