The Dubai Financial Services Authority’s board has approved the revised solvency regime for captive insurers after positive feedback from the industry, effective 1 April 2021
A.M. Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Shanghai Electric Insurance Limited, based in Hong Kong. The outlook assigned to these credit ratings is stable
Moody's Investors Service has affirmed CNPC Captive Insurance Company’s A2 insurance financial strength rating. The outlook remains stable
Moody's Investors Service has affirmed China Railway Captive Insurance A3 insurance financial strength rating. The outlook remains stable
Antares Managing Agency, the Lloyd’s specialist insurance and reinsurance subsidiary of QIC Global, has placed Syndicate 1274’s Lloyd’s China operation into run-off
Ronny Vellekoop, senior executive officer, Marsh Captive Solutions in Dubai, says the firm is seeing an increase in captive figures from its clients in the GCC
Willis Towers Watson has added Shanghai to its global property and casualty hub, which aims to enhance the company’s global placement model for clients
Specialist insurance and reinsurance broker BMS Group has launched its Asia broking operations, headquartered in Singapore and with proposed operations in Hong Kong pending regulatory approval
