Insurance
Aon launches life and health reinsurance practice in India
Aon launches life and health reinsurance practice in India
Renuka Nar has been appointed head of broking for the new practice.
8 in 10 insurers plan to increase tech investment this year
36% of insurers prioritise AI and machine learning.
APAC's insured only 5.4% of $74b disaster losses: Aon
APAC was also the second-largest region in terms of economic losses.
Taiwan holds $189b in earthquake insurance liabilities
There were 3.6 million policies in force as of end-December last year.
Medical plan costs to rise by 11.1%: Aon
APAC is expected to experience the second-largestYoYr increase globally.
Only 9.1% of Asia's economic losses insured in 2024
The five-year average for insured losses was $11b.
52% of experts bleak about future amidst misinformation, weather risks
In the long-term, experts grow worrisome about environmental risks.
WTW appoints new head of FINEX India
Gupta will collaborate with the FINEX team in India and Asia to deliver insurance solutions.
Global reinsurers stable despite LA wildfires – S&P
But primary insurers are expected to withstand the losses.
Tokio Marine Singapore bolsters leadership with new appointments
The insurer also named a new CEO.
GAIP and Convergence to boost capacity in climate health strategies
Both parties aim to promote blended finance.
WTW unveils new head of insurance consulting and technology
Mamone brings 37 years of experience across industries.
Tokio Marine Singapore, T. Rowe Price partner on investment-linked plans
Clients will have access to two funds.
Rate increases under review for Australia’s private health insurers
The minister did not specify the rate of increases yet.
Zurich Commercial Insurance reels in new head
She brings nearly two decades worth of experience.
Insurers in ANZ leverage AI amidst tightening margin
Due to inflation, extreme weather events, and evolving consumer expectations.
China's medical insurance fund reports surplus in 2024
Basic medical insurance system covered 6.7 billion outpatient settlements.
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1. Asia-Pacific insurers turn to emerging market debt for yield 2. Japanese life insurers pivot to offshore M&A as domestic market peaks 3. Singapore eyes new corporate structure for insurance risk transfer 4. India renewables face $55b climate loss risk 5. BMS opens Mumbai capability centreResource Center
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