Insurance

Willis appoints Steve Hutchinson as P&C head for HK, Macau

He was previously Chief Broking Officer at Howden Insurance Brokers in Hong Kong.

Chinese insurers explore nonstandard securitisations

Originators want faster issuance times, even at higher funding expenses.

Flexible work gains ground in Singapore’s insurance sector

The sector was amongst those that typically require on-site presence.

Clearer cyber risk benchmarks for Australian SMEs pushed

The financial fallout from a single cyber event can be devastating.

Swiss Re brings in 17-year CRO veteran for top risk role

He will succeed Patrick Raaflaub, who is stepping down from the role.

MoneyHero launches integrated car insurance platform with bolttech

The new service allows customers to compare real-time quotes.

Insurance companies risk missing $160b without AI scale

Those who successfully deploy AI invest about 30% more in AI capabilities than peers.

Travel insurers cut benefits for seniors and children in Hong Kong

Premiums ranged from $145 to $509 for a 7-day trip in Asia.

India’s insurance penetration rises to 41% on public schemes growth

India’s healthcare and hospital sector is moving to aggressive expansion.

Japan’s top P&C insurers post double-digit profit growth in fiscal 2024

Domestic net premiums written also grew across all three insurers.

Australian insurers report $6.1b profit on benign hazard period: KPMG

Profits before investment income and after taxes were $3.1b.

Marsh McLennan posts 1.4% dip in net income for Q1 2025

It’s APAC segment bagged $335m in revenues.

ICICI Lombard earnings surge 30% YoY in FY 2025

Gross written premiums for FY 2025 also climbed 10.4%.

Willis selects Anant Pawar to lead aviation insurance in India

He brings over 27 years of experience in the insurance and reinsurance industry. 

How will New Zealand’s life insurance sector perform in 2025?

GlobalData expects the market to reach $3.8b in gross written premiums.