Insurance
Great Eastern Life sees mixed Q2 performance in Singapore, Malaysia
Great Eastern Life sees mixed Q2 performance in Singapore, Malaysia
Its performance offers insights for competitors like Prudential and AIA.
Swiss Re reels Alan Wilson as board of directors
He was MSIG Asia's CEO for 14 years.
AXA sells investment arm to BNP Paribas for $6b
The sale is expected to drag AXA’s earnings by $440m.
Markel Asia grows with key underwriting appointments
Alvernia Xu has been appointed head of Operations in APAC.
Fitch praises South Korea’s transparent insurance regulations
The FSC monitors insurers' capital strength.
Typhoon Gaemi causes multi-million dollar losses in Asia
Economic losses range from $220m to $245m.
Asia Pacific composite insurers exceed profitability standards
Their Fitch-calculated financial leverage ratios stay adequate with their ratings.
Carrot granted exclusive behavioural-based insurance use in auto
Since the launch of its BBI product, the accident rate amongst its customers has been at 12%.
HKIA fines AIA International $3.0m for AML lapses
The insurer said conclusions were technical in nature with no findings of money laundering activities or inappropriate onboarding.
Vietnam’s non-life sector attracts robust foreign direct investment
Recent regulations supported the industry’s stable outlook.
Dhipaya Insurance’s solid 2023 earnings supported by investment gains
The insurer has a strong presence in Thailand’s non-life insurance market, said AM Best.
United Overseas Insurance’s focus on Singapore market yields stable earnings
UOI's balance sheet strength is supported by its risk-adjusted capitalisation.
NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns
Suee Chieh Tan claimed that NTUC Enterprise raised its stake in the co-operative.
Great Eastern granted deadline extension to restore its public float
The insurer was given a deadline of 23 October.
Aviation insurance to soar at a 20-year high in 2024
Collision and crash incidents account for 63% of claims in aviation insurance sector.
Insurtech funding in Q2 2024 highest in five quarters
Global funding bagged $1.27b.
HKIA bans four, fake certificates in agent applications
Three of the individuals presented certificates from a non-existent university in China.
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