Asian Reinsurance Corporation (Asian Re) has continued to implement a number of strategic initiatives and business partnerships aimed at expanding its underwriting portfolio and market presence, says AM Best.
The National Reinsurance Corporation of the Philippines (Nat Re), the country's national reinsurer, has announced that it earned PHP120m ($2.5m) in net income in 2020, down 24% from PHP157m in 2019, as stronger underwriting results were weighed down by lower investment income.
Marine cargo premiums are expected to increase the next 12-24 months by 5%-10% and eventually plateau, says Aon, a global professional services firm that provides a wide range of risk, reinsurance, retirement, and health solutions.
The IRDAI has issued guidelines on the industry's standard domestic travel insurance product, Bharat Yatra...
Tianxing Finance, a unit of smartphone company Xiaomi, has announced that the group's Xiaomi healthcare...