Insurance

Hive Health acquires HPPI

The acquisition will entail HPPI’s to integrate with Hive Health’s technological capabilities.

FWD HK unveils new retirement plan for HKMC’s programme

This collaboration expands retirement solutions in the market.

Global trade credit insurance market reaches $14b in 2022 – ICISA

Trade credit insurance serves as a vital risk management tool for businesses.

Australian lawyers call for e-scooter safety and insurance refinement

The ALA advocates for a comprehensive review of insurance and regulation for e-scooters to establish a system ensuring all riders.

GIC Re posts higher premium income in 1H23

However, its underwriting loss increased.

Sun Life Singapore launches life insurance package for Prudential clients

SunBrilliance Indexed Universal Life will be the first universal life solution plan for PFA clients.

Indonesia’s insurance M&A to reach $22b in 2027: GlobalData

The increase in MCR for insurers is expected to lead to merger and acquisition (M&A) activities.

IAG enters cyclone reinsurance pool

It aims to reduce insurance premiums for eligible policyholders in cyclone-prone areas.

Singapore’s life insurance industry dips 9.7% in 9M23

The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums.

Aspen names new int’l head of cyber

He will continue to be based in the London office. 

New Zealand’s insurance profitability remains subdued – Reserve Bank

Regarding regulatory updates, progress has been made in two reviews of insurance regulation. 

Manulife surpasses Q3 performance expectations: Report

Analysts have estimated 83 cents per share for the quarter.

Ping An denies news of takeover move: Report

The insurer denied taking a controlling stake in the troubled Country Garden.

Munich Re records $3.9b profit in 9M23

The German reinsurer has been following the new reporting standards IFRS 9 and 17.

AXA XL appoints new CUO for APAC, Europe

She has extensive experience as an environmental liability underwriter.

Manulife HK, Macau’s APE sales and core earnings grew more than half YoY

Higher demand in the mainland prompted this robust growth.