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Moody’s affirms China National Petroleum Corporation captive rating
05 February 2021
Reporter Maria Ward-Brennan

Moody's Investors Service has affirmed CNPC Captive Insurance Company’s A2 insurance financial strength rating. The outlook remains stable

Zaid Alami joins Generali GC&C
14 December 2020
Reporter Maria Ward-Brennan

Generali Global Corporate and Commercial (GC&C) appointed Zaid Alami as head of financial lines underwriting Asia

Peak Re recruits Clarence Wong
21 October 2020
Reporter Maria Ward-Brennan

Peak Reinsurance Company, a global reinsurer based in Hong Kong, has appointed Clarence Wong as chief economist, effective from 16 November

Ratings affirmed for Marubeni Corporation’s captive
20 October 2020
Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Marble Reinsurance Corporation, which is based in Micronesia

Cosco Shipping captive has ‘excellent’ ratings affirmed
18 September 2020
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

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

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

A.M. Best affirms NEWGT Reinsurance ‘excellent’ ratings
23 December 2019
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
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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