P&C insurers cut asset risks and shift to more balanced risk profiles

Published on October 1, 2024
Chinese P&C insurers are increasing government bond allocations and reducing capital requirements for credit risks, says Mr Frank Yuen, VP senior credit officer at Moody's Ratings.
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SEADRIF makes $3m payout to support provinces in Lao PDR following Typhoon Yagi

October 1, 2024
SEADRIF Insurance Company has made a record total payout of US$3 million to support the provinces in Lao PDR impacted by the passage of Typhoon Yagi, which has been called Asia’s most powerful storm this year.The extended flood impact triggered a second payout of $2.25 million on September 30, which is just a week after the initial payout of $750,000 was made to the Lao PDR Ministry of Finance.Yag

Pagliarulo to lead Cowbell’s finance team, Biderman appointed General Counsel

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Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has appointed Denise Pagliarulo to lead its finance team.In her new role, Pagliarulo will be overseeing global finance operations as the company enters a period of growth with new products, services, and geographies.The company has also announced the promotion of Eric Biderman to Gene