Insurance
Chubb appoints Howell as head of general insurance for Australia, NZ
He will report to Marcos Gunn, regional president of APAC.
Chubb appoints Howell as head of general insurance for Australia, NZ
He will report to Marcos Gunn, regional president of APAC.
Malaysian Re identifies key trends in regional insurance
The health insurance sector sees growth amid rising risk awareness
Airline insurers enjoy favourable Q2, thanks to capacity
Notable incidents in Q2 2024 were Korean Air and Singapore Airlines.
Ping An’s convertible bond aims for 5% return on proceeds
Proceeds will be used to support initiatives in healthcare and eldercare.
Income Insurance continues talks with Allianz
It announced its interest in a transaction last 14 June.
Tokio Marine Kiln unveils political risk coverage with Kita
This makes the insurer amongst the first to offer this type of policy on the Lloyd’s market.
QBE sharpens focus on claims support in Australia
Key initiatives include addressing delays, communication, and risk management.
India considers major reforms to 1938 Insurance Act
The bill amendments could potentially let insurers enter the banking industry.
HDI Global SE to buy 7 million more Vietnamese insurer’s shares
In 2021, the IFC and its funds acquired a 6.29% stake in PVI from HDI.
Bangkok Insurance maintains a stable outlook through 2026
It is also expected to maintain a combined ratio of 85% to 90%.
Prudential braces for significant H1 2024 market headwinds
The group expects a 32.1% margin.
India’s life insurance industry sees 20.2% YoY APE growth in June
CareEdge foresees medium-term outlook to remain positive.
Tokio Marine reports potential data leak of 63,200 policyholders
It affected three other companies.
Police Health Plan maintains a robust balance sheet
It benefits from a high penetration rate within the police force.
China absorbs $13b loss in natural disasters in H1 2024
The government has allocated $570m for disaster management this year.
AIA teams with BlackRock, BNY for scalable investment ecosystem
It will use BlackRock’s Aladdin technology with BNY’s data management.
Health insurance essential, but too much can rack up prices: MOH
With rising claims, insurers are barely profiting from health insurance.