Emerging Markets
CEO Confidence, Now at Pre-Pandemic Levels, Focuses on M&A and More: KPMG Survey
Global CEO confidence is back at pre-pandemic levels, and optimistic executives are looking at M&A, strategic alliances and sustainability measures to help transform their business, according to ...
Hong Kong Digital Insurer OneDegree Raises $28M to Support Asia Expansion
OneDegree, a Hong Kong-based insurance technology company, raised $28 million in a new round of funding as the startup looks to expand in Asia. Sun Hung Kai & Co. and AEF Greater Bay Area Fund ...
China Regulator Reportedly Probing Ping An Insurance’s Property Investments
China's banking and insurance sector regulator is probing Ping An Insurance Group Co of China Ltd's investments in the property market, two people with knowledge of the matter said, after the firm ...
Ping An’s Profit Drops by Double Digits Due to China Fortune Loss
Ping An Insurance Group Co of China , China's largest insurer by market value, reported a 15.5% fall in first-half net profit after a 20.8 billion yuan ($3.2 billion) loss suffered on investments in ...
South Africa’s State Insurer Will Raise Premiums to Address Riot-Related Reinsurance Costs
South Africa's only insurer covering political violence will increase its premiums to cover a rise in reinsurance costs following some of the worst unrest in decades, the head of the state-owned ...
Executives On The Move at AXIS Insurance and Africa Specialty Risks
AXIS Insurance made three new appointments within its U.S. Excess and Surplus Property team, including a former Chubb executive. Africa Specialty Risks, the pan-African focused reinsurance group, ...
Record Disaster Claims Slam German, Chinese Insurers as Extreme Weather Intensifies
Extreme precipitation in mid-July resulted in the costliest flooding events on record for German and Chinese insurers, which face potential losses of $6.5 billion and $1.7 billion, respectively, ...
China’s Unpredictable Regulatory Measures Make Investors Wary
The unpredictability of China's regulatory measures make the country unappealing to foreign investors in the short-term, following its latest crackdowns on the technology, property and education ...