Insurance
Great Eastern outlines 2025 priorities with focus on value creation
Great Eastern outlines 2025 priorities with focus on value creation
It plans to expand its product offerings in wealth accumulation.
China raises equity cap for insurers to boost real economy
The government also lifted the equity asset allocation ratio for certain insurers.
Aon launches growth tool to help insurers benchmark performance
It enables insurers to self-assess across seven key performance categories.
GCube urges insurers to close risk gap in renewable projects
Severe risks have greatly impacted the project bankability of renewables.
Hannover Life Re to acquire Swiss Re’s direct life portfolio
The transaction is expected to be completed within 18 months.
China launches tip-off portal for insurance fraud reporting
Informants may receive a one-time reward ranging from$27.8 to $27,427.
AM Best expects CMB Wing Lung Insurance's capital strength to continue
The insurer’s capital and surplus rose to $400m (HK$3.1b) at the end of 2023.
Canopius taps ex-QBE exec for ANZ leadership role
He will report to SK Lee, CEO for APAC and MENA.
Dai-ichi Life acquires 15.1% stake in Challenger for $560m
It plans to acquire through its Australian subsidiary.
Manulife appoints new Chief Actuary
Hung Ko will also take on an expanded role following Stephanie Fadous’ appointment.
S&P says insurers can absorb South Korea wildfire losses
The fire was the worst on record since 1987.
Hong Kong expands ECIC cover with SME export support
ECIC will extend free pre-shipment cover for holders of its Small Business Policy.
S&P warns trade volatility may pressure reinsurer portfolios
Top 19 global reinsurers are expected to absorb around 20% of personal lines losses.
Australians spend A$138 monthly average on car insurance
A research also shows that 5% cancelled their car insurance altogether.
Cambodia insurance premiums rise 5.8% to $43m in January
This was larger than the previous month’s $34m.
Indonesia insurance premiums rise 6% in 9M 2024
The sector’s asset value also increased 3.81% YoY.
Taiwan life insurers’ foreign-currency policy sales rise 11% in January
Sales of investment-linked insurance products surged by 90% YoY.
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1. Manulife SG unveils indexed universal life solution for wealth preservation 2. What will drive the reinsurance sector to bag $68b in four years? 3. Hong Kong’s insurance premiums reach $83b in 2024 4. Manulife Hong Kong launches two critical illness products with income aid 5. Manulife dares startups to tackle Asia’s age imbalanceResource Center
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Awards
Jul
08
Event News
Hewison highlights how insurers must balance innovation with trust, compliance, and societal impact to remain resilient and relevant in an increasingly complex landscape.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs