Insurance

Marsh McLennan reports 6% YoY revenue rise in Q2 2024

Asia Pacific’s underlying revenue climbed 70% YoY.

Marsh McLennan reports 6% YoY revenue rise in Q2 2024

Asia Pacific’s underlying revenue climbed 70% YoY.

Bowtie, Merck partner for Hong Kong fertility subsidies

Over two-thirds of respondents feel work pressure affects their desire to have children.

Agile appoints new compliance chief in Sydney

He has over two decades of experience in the insurance sector.

AIA Malaysia tops MDRT rankings for 8th year

Thanks to its Premier Advisors model, it said.

Deal boosts Allianz to top ranks in Singapore’s market

Allianz’s Solvency II ratio is expected to reach 203% in Q1 2024.

Hyundai Marine & Fire maintains strong balance sheet

It had a 7.8% return-on-equity ratio and a 96.0% combined ratio for 2023.

Insurance patents for clean energy, carbon capture surge

Patents for clean energy insurance rose from 1,537 in 2014 to 3,004 in 2023.

Advanced markets to drive half of new insurance premiums by 2034

Advanced APAC is expected to see strong growth in the life sector.

Taiwan to repatriate $921b for strategic investments

It aims to boost strategic sectors with overseas insurance funds.

S. Korea’s same-sex couples eligible for health insurance

“Love has won again,” said So Seong-wook, a plaintiff.

Manulife boosts Asia team with two senior appointments

Both their roles will be effective on 19 August.

Global insured losses hit $58b in H1 2024

Natural catastrophes resulted in over 6,000 fatalities, the lowest since 2020.

South Korea's FSC greenlights financial recovery strategies

The resolution plans are composed by the Korea Deposit Insurance Corporation.

QBE Insurance unveils global cyber policy for broader protection

The coverage will be offered in five APAC markets.

VPIS posts steady 4.0% return-on-equity over five years

AM Best also assessed its operating performance as adequate.