Insurance
Allianz Partners unveils new managing director for greater SEA
Allianz Partners unveils new managing director for greater SEA
He will succeed Steve Watkins, who retires after over two decades.
KoverNow gets greenlight from HKIA, launches app
It offers coverage for luxury goods and collectibles.
FWD Philippines boosts presence in Cebu
It now has 17 business hubs nationwide.
APAC insurers wary of geopolitical instability in next two years
Cyber threats, on the other hand, are a moderate to severe risk.
PT Asuransi's capital strength to stay strong into medium-term
AM Best views TUGU’s investment portfolio to be of moderate risk.
Chubb’s net income rises 2.7% to $9.27b in FY 2024
The APAC unit saw a 22.2% surge in P&C insurance.
Dai-ichi Life to cut equity risk by over 50% by 2030: Fitch Ratings
Its financial leverage is also seen to remain below 23%.
RSM posts $1.1b revenue in APAC for FY 2024
Revenue from developed Asian economies saw a 9% YoY increase.
Actuaries Institute names new 2025 President
She urged actuaries to tackle generational inequality.
Sri Lanka’s gross written premiums pencil 16.5% YoY in Q3 2024
However, earnings contracted by 8.31% YoY.
Japanese insurers see profit surge in H1 2024, investment gains
The outlook for fiscal 2024 remains positive, said CreditSights.
Great Eastern, AmMetLife cancel acquisition plan
The plan was initially signed in 2023.
Shriram General Insurance unveils Shri Health Suraksha Plan
The policy covers hospitalisation expenses such as room charges.
Cambodia’s December gross premiums increase by 9.4% YoY
This was larger than the previous month’s $25.6m.
FDI cap for Indian insurers rise to 100%: Finance minister
The increased limit will apply only to companies that invest the entire premium within India.
HDFC Life, SATYA MicroCapital to boost life insurance in rural areas
The venture aids SATYA MicroCapital’s mission to help women entrepreneurs.
Thai Setakij partners Thai Ticket Major for embedded ticket insurance
The collaboration offers consumers added security when buying tickets online.
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