sagesure logo new

SageSure invests in Bermuda based ILS fund manager, Pillar

SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has invested in the insurance-linked securities (ILS) fund manager Pillar Capital Management (Pillar) to expand its capabilities across the property catastrophe value chain. Pillar currently manages institutional assets of over USD 4 billion, and will continue to operate as an independent franchise. It will retain its…

Read More
am best logo

AM Best keeps stable outlook for Indonesia’s non-life insurance sector

AM Best, the credit rating agency, has retained its stable outlook for Indonesia’s non-life insurance market, pointing to supportive economic conditions, continued premium growth and measures designed to strengthen the industry’s financial resilience. In its Best’s Market Segment Report, Market Segment Outlook: Indonesia Non-Life Insurance, AM Best said Indonesia’s macroeconomic fundamentals continued to provide support…

Read More