China: Insurance support to be strengthened for Hong Kong fire victims

Published on December 1, 2025
China's top financial regulator, the National Financial Regulatory Administration (NFRA), has said that it will guide the insurance and banking sectors to fast-track financial services and support to
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Korean Re to open branch in India

November 30, 2025
(Korean-Re) Korean Re has received approval from the relevant authorities to open a branch in India.Located in GIFT City (Gujarat International Finance Tec-City), the new branch is set to begin operations in April 2026.This expansion is part of the South Korean reinsurer's strategy to strengthen its international presence, particularly in high-grow

S&P lifts Africa Re ratings to ‘A’ due to consistent strong performance

December 1, 2025
S&P Global Ratings has raised the long-term issuer credit and insurer financial strength ratings for African Reinsurance Corp. (Africa Re) and its South African subsidiary, African Reinsurance Corp. (South Africa) Ltd., to ‘A’ from ‘A-‘, driven by its long track record of strong operating performance while managing foreign currency risks as a result of operating in African countries.The outlook fo