Insurance
Aon hires new associate director for transaction solutions
Aon hires new associate director for transaction solutions
She will advise Aon’s clients on how to navigate emerging commercial risks.
ICA urges gov’t to reform insurance tax in future budgets, overall annual fund sufficient
New South Wales currently imposes the highest insurance taxes in Australia.
Hong Kong’s drainage system prevented a greater impact: Guy Carpenter
The 2008 rainstorm alone generated HK$237m incurred claims.
Singlife’s growth trajectory secured by uniting innovation and tradition
Group CEO Pearlyn Phau confident of Singlife’s future as Singapore’s insurance industry is poised for growth.
Nature’s wrath pushes insurers to reshape risk adaptability
Experts shared the reality of cost-efficiency whilst minimising the protection gap.
Chinese regulator takes over insurance company: Report
There is no reason indicated yet for the transfer.
Lower inflation rate moves Japan’s insurers to secure necessary reinsurance capacity in renewals
There has been a shortage of new capital entering the market due to rising interest rates.
AIG promotes Matthew Pereira to head of commercial property HK, Macau and Taiwan
He has been with AIG for over 12 years.
Insurtech Bowtie seals $35m series B2 round
It aims to narrow Hong Kong’s insurance gap with the new funding.
Aon becomes first member with risk capital capabilities in greenhouse gas association
It targets to assist clients in decarbonisation efforts.
Macroeconomic and geopolitical uncertainties cast shadows on APAC insurer confidence
Norton Rose Fulbright’s Anna Tipping emphasises adaptability and risk mitigation as keys to resilience of APAC insurers.
Great Eastern collaborates with telco for home insurance plan
The insurer and Singtel unveiled a plan which covers various residential housing types.
SG’s property insurance to stay afloat in 2023 – GlobalData
Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.
Moody’s RMS assembles cyber insurance steering group
It includes industry giants such as Munich Re and Gallagher Re.
Lockton names Piers Hughes as regional head of insurance
He has been in the industry for more than two decades.
Allianz Malaysia unveils three more Rahmah insurance products
The insurer now has five products under its Rahmah Insurance porftolio.
India’s non-life premiums trip over bad crop insurance in August
The sector is seen to grow 13% to 15% in the medium term.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness