Insurance
Swiss Re appoints new CUO, Patrick Raaflaub to retire
Swiss Re appoints new CUO, Patrick Raaflaub to retire
Raaflaub will retire by the end of September 2025.
SEADRIF, FAO partner to assess Agricultural Risk Finance Facility
Both seek to address this by improving access to data, models, and insurance.
Grandtag Financial reels in new chief proposition officer
They have over two decades of experience.
Pru Life UK’s Manila headquarters embraces hybrid work
The office has recreational and wellness areas to help employees recharge.
This week in insurance: Australia's insurance sector faces cost pressures
6 in 10 Australians said they are willing to spend more on protection against disasters.
Insurers, governments must address longevity challenges together
People in developed countries tend to underestimate their lifespans.
Swiss Re bags $3.2b profits, rises 3.1% YoY in FY 2024
The company targets a net income of over $4.4b for 2025.
Muang Thai Life’s profitability set for medium-term recovery
Fitch also projects capitalisation to stay stable in 2025.
China’s FIs urged to refine services for credit support
The NFRA also highlighted the role of technology in improving inclusive finance.
ASFA sees double-digit returns in 2024 for superannuation funds
They also cautioned against increased regulatory burdens.
Indonesian association, Gadjah Mada University ink deal for upskilling
The collaboration aims to address the shortage of actuarial professionals.
VSS, World Bank target wider social insurance coverage in Vietnam
The world organisation hopes to aid Vietnam’s goal of a 60% coverage target by 2030.
Taiwan's life insurers see 22% rise in foreign policy premiums
Traditional insurance products accounted for 85% of the total.
Philippine gov’t insurer sees net income surge of 21% YoY in 2024.
It disbursed $3.06b (₱179.92b) in claims and benefits last year.
HKIA supports budget initiatives for insurance sector
Yiu highlighted the extension of the Pilot Insurance-linked Securities Grant Scheme.
Rising litigation costs pressure casualty reinsurers on reserves
Social inflation remains a key driver of casualty loss trends, an analyst said.
QBE Asia names CEO for new role
He is currently CEO of QBE Singapore.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness