News

Hong Kong and Macao discuss cross-market insurance issues

Discussions included topics such as the sale of life insurance products to MCVs.

Hong Kong and Macao discuss cross-market insurance issues

Discussions included topics such as the sale of life insurance products to MCVs.

SEADRIF confirms Kawai as leader in disaster risk

He will also serve as the secretary general of the ASEAN +3 DRF initiative.

Heavy rains in Southwestern Asia reveal insurance shortfall

Dubai saw its heaviest rainfall in more than 70 years.

Gallagher strengthens Australian presence with acquisition

Prasidium’s office will integrate into Gallagher offices across the country.

AIA, Prudential grapple with China sales issue: UOBKayHian

However, both companies' exposure to the involved brokers is limited.

Reinsurers see April renewals stabilise

Increased capacity alongside demand was seen in APAC, says Aon.

Marsh McLennan Q1’24 revenue up 9% to $6.5b

Marsh’s APAC business saw its revenue jump 6% YoY.

Allianz sells 51% stake in Saudi unit

Abu Dhabi National Insurance is the buyer.

Malaysian Re inks deal with Chinese firms on cancer treatment

It hopes to improve products under health and medical.

IRDAI removes age cap for health insurance: Report

Other improvements have also been made to India’s healthcare system.

Munich Re's regional restructuring focuses on P&C business

New leaders have been selected for Japan, Korea, and India.

ICICI Lombard's GDPI climbs 17.8% in FY’24

Its Q4’24 earnings were driven by motor and health segments.

Generali revamps organisational structure

Generali Investments Holding will manage global asset management activities.

HKIA takes action against ethical breach by agent

This is the 7th case the HKIA reprimanded an insurance practitioner.

Asia bears $17b of Q1 natural disaster economic loss

Less than half of the global economic losses were insured during Q1’24.