NFRA: China reinsurance market underdeveloped relative to primary insurance

Published on June 27, 2025
Speaking at the Lujiazui Forum on June 19, National Financial Regulatory Administration (NFRA) Property Insurance Department director-general Yin Jiang'ao said that China's reinsurance sector remains
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S&P upgrades Convex Group entities credit ratings, assigns stable outlook

June 26, 2025
S&P Global Ratings has raised the financial strength ratings on re/insurer Convex group’s operating companies to ‘A’ from ‘A-‘, and assigned a stable outlook.The companies include: Convex Re Ltd., Convex Insurance UK Ltd., Convex Guernsey Ltd., and Convex Europe S.A.Convex has shown significant growth since launching in late 2019, achieving its underwriting profitability goals in the past two year

Chubb to launch new engineering centre in Bogotá, Colombia

June 27, 2025
Global insurer Chubb has announced plans to open a new engineering centre in Bogotá, Colombia, scheduled for October 2025.Joining existing engineering centres in India, Mexico, and Greece, the Bogotá centre will strengthen Chubb’s technological capabilities and enhance the customer experience.The centre will focus on software development, data analytics, artificial intelligence, and infrastructure