Insurance
Sompo Japan launches methane detection service with partners
Sompo Japan launches methane detection service with partners
JGC will offer on-site and drone-based measurements.
Aon boosts insurer communication with platform for catastrophes
It provides real-time loss estimates through Impact Forecasting’s Automated Event Response.
Tokio Marine Kiln appoints Phoebe Liew as special risks underwriter
Liew joins from Texel in Singapore.
Singapore strengthens marine insurance with new digital platform
It will also expand marine insurance education and internships to grow local talent.
Swiss Re predicts higher claims with peak catastrophe year
AI is also set to play a bigger role for underwriting.
How did the P&C insurance market double in size in 20 years?
Swiss Re projects premiums will grow in line with GDP over the next decade.
CGS International expects Prudential to post strong growth by 2027
The insurer targets $3.4b to $4.2b in new business profit by 2027.
Insurers retain catastrophe risk as new capital enters reinsurance sector
Since 2022, about $35b of new capital has entered the sector.
Great Eastern Holdings appoints Khoo Cheng Hoe Andrew to board role
He was previously Deputy Managing Director for Corporate Development at MAS.
Reinsurance capital hits $735b amidst strong earnings
Also, 38% of global catastrophe losses in the first half of 2025 were uninsured.
AIA Group beats OPAT targets as Jefferies sees momentum building
Comes after recording a VONB growth of 18% in 2024 and 33% in 2023.
Macau Insurance maintains strength whilst pursuing Greater Bay Area plans
It aims to build on this momentum with higher premium retention in personal lines.
Howden names Rebecca Poon as chief client officer for Hong Kong
Poon was previously managing director at Marsh Hong Kong.
AM Best says 2024 health reinsurance growth outpaces past decade
Ceded premiums rose more than 30% to $66b, the largest annual increase in 10 years.
Japan renewals show property-catastrophe rate cuts of up to 15%
Big Japanese insurers have also built stronger balance sheets due to strong profits.
Sun Life opens renovated client center in Makati with tech upgrades
It also launched three new business offices.
What insurance brands do Singapore’s wealthy trust most?
AIA and Prudential were ranked 2nd and 3rd most trusted brands.