Insurance
China Life Insurance (Overseas) to stay afloat in the next two years: S&P Global
China Life Insurance (Overseas) to stay afloat in the next two years: S&P Global
Its growth-related capital needs and substantial holdings of high-risk assets may surpass earnings.
Philippines’ Insurance Council transitions HMO to receivership
The HMO had been under conservatorship since 18 January, due to its inability to meet the IC's requirements.
Chubb has appointed Serene Neo as head of A&H for APAC
She was most recently division head, consumer lines for Singapore.
More Korean insurers expanding overseas: FSS
Aggregate profits of Korean insurers saw a 34.9% surge in 2022.
Australia updates regulations for better transparency of remuneration practices
APRA will offer flexibility in disclosure timing, requiring annual disclosures within six months of an entity's financial year-end.
InsurTech funding down 34% in Q2: Gallagher Re
Seven APAC markets were included in the report, which received an estimated $359m in funding.
HSBC Life Insurance Planning Centre opens in Macau
This is HSBC’s first-ever insurance planning centre.
Insurers in Taiwan to face increased capital pressure: Fitch Ratings
IFRS 17 adoption could lead to profitability.
Indian life insurance industry to reach $170b in four years: Global Data
This will be bolstered by favourable regulatory policies and more.
Aon Greater China appoints new CEO
He has been with Aon for over seven years.
AIA Singapore unveils AIA Centurion PA, covers neurological diseases
AIA Personal Accident Insurance Survey revealed that dementia is a top concern among Singaporeans.
Insurance is key to protect Vietnam’s SME’s – WTW
Survey results showed only 18% are confident to take risks.
SG Insurance Institute reveals new council for 2023-2024
The SII’s new president is Sunny Verma.
Great Eastern reaches S$193.2m in profits for Q2
Its year-to-date profits reached S$437.2m.
Sompo names new head of professional lines insurance for APAC
Poh has almost twenty years of industry experience in the Asia Pacific.
Israel-based insurtech to cuts 75% of Asia jobs
The company will be closing its offices in Tokyo, Hong Kong, and Seoul.
Chubb shuffles P&C leadership in Asia and A&NZ
Chris Gough and Hayden Baker will head P&C for Asia and Australia & New Zealand, respectively.
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