Insurance
Chubb appoints John Latter as lead claims officer
Chubb appoints John Latter as lead claims officer
He joined the company in 2017 from Zurich Insurance.
Allianz bids Income Insurance 51% takeover goodbye
The move follows changes to the Insurance Act announced last 14 October.
Taiwan life insurers record $35b in H1 premiums
First-year premium (FYP) income rose 7.24% YoY to $11.62b.
QHR Life Reinsurance drives strong underwriting: AM Best
The company’s capital and surplus increased by 4.3% to $500m in 2023.
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.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
