Insurance
HSBC says 'no decision' made in Singapore insurance review
HSBC says 'no decision' made in Singapore insurance review
HSBC said Singapore stays a priority market for wealth and wholesale growth.
TS Holdings merges Shin Kong Life and Taishin Life
Contractual Service Margin (CSM) is expected to exceed $7.91b.
APAC insurance gap above 80% leaves weather exposure
But cyber incidents remain the top risk for APAC businesses, the report showed.
What will drive Canara HSBC Life grow 20% in premiums by 2028?
India’s recent GST exemptions and a narrowing protection gap support this growth.
Compliance screening strains insurers amidst 81% manual fixes
Survey shows mixed or manual processes remain common making automation a top priority.
Financial planning rises as 63% cite uncertainty, Prudential says
Thailand stands out: 70% choose higher-risk investing, and 68% prefer short-term instruments.
Prudential lines up Flint as Vadera exits in 2026
The move follows Shriti Vadera’s planned retirement after six years of service.
Sun Life taps Frankie Leung as Asia chief agency officer
He held senior agency distribution posts at AIA and led digital strategies across the region.
Aon lifts capacity to $2.5b as AI drives complexity
The facility spans construction, all risks, delay in start-up and operational damage coverage.
Howden Re flags Asia, Europe as top loss drivers
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
HSBC mulls $1b Singapore insurance exit, report says
It could be valued at over $1b.
Taiwan FSC rewrites life insurer forex reporting rules
Unamortised balance stays on the balance sheet, hitting income only at sale.
Zurich Resilience Solutions names Robin Matthias as global head
Matthias succeeds Dirk De Nil, who is retiring after a 35-year career.
Chaucer appoints Les Loh as Singapore CEO
Loh joins from Guy Carpenter, where he led Southeast Asia and Korea.
Swiss Re overhauls flood model with Fathom data
Work follows Swiss Re’s December 2023 acquisition of Fathom.
Allianz Trade launches Social2Social to cover political risk
Eligibility requires a sustainability team review under Allianz Trade social criteria.
Bupa appoints Antonio Cantó as Hong Kong managing director
He previously served as CEO of Bupa Chile, after running Sanitas Seguros for 12 years.