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Cosco Shipping captive has ‘excellent’ ratings affirmed
18 September 2020
Hong Kong Reporter Becky Bellamy

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Cosco Shipping Captive Insurance Company, located in China

Exclusive: Alturki Holding appoints Braxtone as captive manager
06 July 2020
Bahrain Reporter Becky Bellamy

Braxtone Insurance Management has been named captive insurance manager for Alturki Holding’s new captive insurance company based in Bahrain

PARIMA calls on insurance market to work together in response to COVID-19
11 May 2020
Singapore Reporter Maria Ward-Brennan

PARIMA has requested for the insurers and brokers across the Asia Pacific region to come together with flexibility and partnership in order for businesses in the region to survive as a result of the COVID-19 pandemic

Petronas’ captive receives ‘excellent’ ratings
07 April 2020
Singapore Reporter Maria Ward-Brennan

A.M. Best has affirmed Energas Insurance’s financial strength rating of A and the long-term issuer credit rating of “a”

Hong Kong strengthens risk management capabilities
23 March 2020
Hong Kong Reporter Maria Ward-Brennan

The Hong Kong Insurance Authority has welcomed the introduction of two insurance amendment bills to strengthen its risk management capabilities

Singapore extends captive tax benefits
20 February 2020
Singapore Reporter Maria Ward-Brennan

The Singapore government has revealed the Insurance Business Development umbrella scheme and the IBD captive insurance scheme has been extended until 31 December 2025

A.M. Best affirms NEWGT Reinsurance ‘excellent’ ratings
23 December 2019
Hong Kong Reporter Becky Bellamy

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of NEWGT Reinsurance Company

Hong Kong proposes concessionary tax rate expansion
20 December 2019
Hong Kong Reporter Rebecca Delaney

The Hong Kong government has proposed an amendment bill that would extend the scope of insurance businesses eligible for the reduced concessionary tax rate of 8.25 percent

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