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Shanghai Electric Corporation captives ratings affirmed
26 February 2021
Hong Kong Reporter Maria Ward-Brennan

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 affirms China National Petroleum Corporation captive rating
05 February 2021
Hong Kong Reporter Maria Ward-Brennan

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

Moody's affirms China State Railway Group captive ratings
03 February 2021
China Reporter Maria Ward-Brennan

Moody's Investors Service has affirmed China Railway Captive Insurance A3 insurance financial strength rating. The outlook remains stable

Antares places Lloyd’s China operation into run-off
03 February 2021
Qatar Reporter Maria Ward-Brennan

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

Gulf region sees captive interest increase
27 January 2021
UAE Reporter Maria Ward-Brennan

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 adds Shanghai to P&C hub
13 January 2021
China Reporter Maria Ward-Brennan

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

BMS expands into Asia
05 January 2021
Singapore Reporter Maria Ward-Brennan

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

Japan’s reinsurance equivalence with EU to end 31 December
23 December 2020
Japan Reporter Becky Bellamy

Japan’s temporary equivalence with respect to reinsurance granted by the European Commission is scheduled to expire on 31 December 2020, in accordance with the Solvency II Directive

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