Insurance
MSIG Asia reels in new VP for cyber, financial lines
MSIG Asia reels in new VP for cyber, financial lines
He has over two decades of experience in the global reinsurance sector.
Lonpac expected to hold 7% of Malaysia's market
The company has demonstrated consistent capital growth over the past five years.
Nearly 9 in 10 Australian insurers commit to net-zero targets by 2050
Extreme weather events cost homeowners approximately $4b annually.
Allianz may drop $1.63b bid for Income Insurance: Report
Sources familiar with the matter told Bloomberg.
QBE Capital Global's outlook stable: AM Best
The ratings reflect the strategic importance of both entities within the QBE group.
Global health insurance market to reach $6.2t by 2032
Key drivers include the ageing population and a rising prevalence of chronic diseases.
Huize plans expansion in Singapore, Philippines
Its Q3 2024 gross written premiums (GWP) reached an all-time high of $290m.
Delta taps Lucy Loh as Asia claims lead
Loh brings over 30 years of experience in claims management.
Swiss Re aims for $4.4b profit in 2025
Life & Health Reinsurance (L&H Re) unit aims for a net income of $1.6b.
Australia's general insurance sector set to hit $96b by 2029
The market is seen to reach $67.4b next year.
Asian Gen Z confident in finance skills, lag in insurance awareness
Gen Z is projected to make up at least 25% of the APAC population by 2025.
Japan P&I Club hikes premiums 7% for 2025
The decision comes as the association grapples with a high volume of claims.
India's non-life insurance sector grows 4.41% YoY in November
Standalone health insurers saw their premiums climb 10% YoY.
India's life insurance sector grows 20% YoY in November
The sector's two-year compound annual growth rate (CAGR) stood at 1.8%.
Sun Life creates new role, appoints Deng to lead Asia operations
He will join the Asia executive team and report directly to Manjit Singh.
PICL to sustain a strong capital level amidst growth: AM Best
However, long-duration policies in PICL's portfolio pose reserving risks.
HDI Global appoints new heads for Marine, Technical Services
Both appointments are effective 1 January.
Commentary
AI isn’t replacing insurance, it’s finally making it work