Insurance

$3.37b losses in Eastern Australia floods to challenge insurers

The initial assessment of losses was $2.75b in April.
6 days ago

$3.37b losses in Eastern Australia floods to challenge insurers

The initial assessment of losses was $2.75b in April.
6 days ago

Dai-Ichi Life and Resolution Re signs reinsurance agreement

This marks the first Japanese reinsurance transaction for Resolution Re.
6 days ago

Insurers can halve emissions by 2030: UN official

The UN assistant secretary-general for climate action has three asks for the industry.

WTW appoints new Thailand country head

The current head will now be in charge of Vietnam.

APAC life segment records highest growth rate in over five years in 2021

Life insurance premiums in the region reached a record-breaking $1.3t.

Going hybrid is key for traditional insurers to rival insurTechs

Insurers stuck in traditional ways may find it hard to outclass these new disrupters.

Hong Kong insurance regulator bans broker over hiding of payment mistake

The broker then tried to shift the blame to his client.

Open Insurance launches partnership with New Zealand telco

The partnership aims to bundle power, mobile, and insurance in one.

Information technology could bolster insurance industry growth: Indonesian regulator

The industry has grown by 8.67% annually for the past five years.

India could soon allow customers to take out loans to buy insurance

The regulator is currently studying a proposal for premium financing.

OneDegree expands home cover to include LGBTQ+ families

The cover was soft-launched in March, and relaunched to extend coverage.

Kyobo Life to issue $500m hybrid bonds

The 30-year bonds will all be sold to offshore investors.

ICA Board names new non-executive director

She currently heads Swiss Re’s Australia and New Zealand division.

What are Taiwan’s insurance regulation amendments for the elderly?

Several amendments were introduced to enhance the protection of senior citizens.

Pru Life UK Philippines showcases new office

Known as PRUHouse, it is a 2,600 sqm fully customised workspace.

Allianz Asia Pacific hires new COO

He was Prudential Malaysia’s former CTO.

Taiwan’s life insurance industry profits reports another drop in April

The non-life business also failed to beat its previous year’s record.