Insurance
Taiwan insurers to raise fresh equity amidst new capital requirement
Taiwan insurers to raise fresh equity amidst new capital requirement
The new standard also raised compliance risks for insurers.
Dah Sing Insurance strengthens capital structure
Its 2023 net profit was $13.9m.
AXA rebrands China reinsurance arm to AXA International Re
The change is effective 16 October.
Specialist Risk Group appoints new APAC CEO
He will begin his term early next year.
India’s life insurance sector bags 12% CAGR in past five years
The life insurance penetration rate is at 3.8%.
High-income S’poreans grapple with retirement planning amidst rising financial needs
High-income retirees were overwhelmed by the rising cost of living and family support expenses.
Allianz Trade reels in new ASEAN commercial director
His role begins on 21 October.
India, Philippines pension systems lack adequacy: Mercer
A score below 35 would indicate serious deficiencies.
Vietnamese bank expands into non-life insurance sector
Other banks which made the same move are VietinBank, Agribank, and HDBank.
Why ageing Asians prefer critical illness coverage
Japan and India have the largest share of life insurance ownership.
Competition Commission of India clears central bank on acquisitions
The central bank proposed stakes in both life and general entities of Future Generali.
Insurers are increasing investments in generative AI by 300%
Half of CEOs view AI as an opportunity, whilst the other half see it as a risk.
Financial and planning gaps leave Singaporeans unprepared for retirement: report
Nearly half of Singaporeans start retirement planning too late.
Miller gets new chief operating officer
She brings over three decades of experience.
Mitsui Sumitomo Insurance, Coalition expand cyber insurance in Australia
Coalition has brought its Active Insurance model to over 1,400 policyholders.
Indian life sector’s new business premiums expected to rise in FY 2025
The industry could maintain a growth rate of 13% in the next 3-5 years.
Sompo welcomes new COO for APAC
She will be based in Singapore.
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Awards
Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
