China's insurer-backed micro-lenders retreat as rules tighten

Published on November 21, 2025
China's microfinance sector is undergoing a sharp contraction, with insurance-backed small-loan companies caught in the same squeeze.
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Gallagher Re appoints Parrus Kunvarji as Executive Director, Customised Solutions, APAC

November 21, 2025
Global reinsurance brokerage Gallagher Re has announced the appointment of Parrus Kunvarji as Executive Director, Customised Solutions – APAC.In his new role, Kunvarji will be responsible for Gallagher Re’s customised portfolio in APAC, focusing on driving growth and expansion in this space.He joins Gallagher Re from Pacific International Insurance (AU/NZ), where he most recently served as Chief C

European reinsurers seen moving toward greater earnings stability: J.P. Morgan

November 21, 2025
J.P. Morgan, a global investment bank, notes that the European reinsurance sector appears to be moving toward a more stable and consistent earnings pattern.The company notes that reinsurers do not usually absorb the majority of expected catastrophe-related claims, but they remain the main source of year-to-year fluctuation.The industry entered 2025 on weak footing after the Los Angeles wildfires p