Insurance

WTW taps James Baum for dual leadership role

He has over 30 years of experience in the industry.

WTW taps James Baum for dual leadership role

He has over 30 years of experience in the industry.

Reinsurance market stabilises amid mid-year renewals

Property catastrophe reinsurance rates were generally flat to slightly down.

Miller builds Japan footprint with new leadership

He brings over 35 years of experience to the role.

Synpulse enhances APAC strategy with new insurance head

He will focus on enhancing insurance and banking offerings in the region.

Taiwan's life sector sees 7% growth in foreign-currency sales

Investment-linked insurance products accounted for 15% of the total.

US reinsurer and Tongyang Life seal historic coinsurance deal

This is the first cross-jurisdictional coinsurance transaction in South Korea.

Marsh India reports surge in cyber incidents in 2023

The mean cost to recover from ransomware attacks was estimated at $1.82m.

Insurers and private capital firms strengthen ties

Private-capital-backed insurers have gathered nearly $700b in assets through 2023.

Zurich-Aon facility offers comprehensive hydrogen coverage

It also covers carbon capture, utilisation, and storage (CCUS) technologies.

Reinsurance market stable despite the absence of new entrants

Arthur J. Gallagher reports four reasons for the lack of new entrants.

Recent aircraft turbulence spurs insurance implications

WTW tells how recent events could potentially raise the number of insurance claims. 

Bangladesh life insurer eyes IPO

The firm intends to allocate Tk8.40 crore for government treasury bonds.

FWD Indonesia seen to improve in the next two years

The insurer said it will focus on selling protection products and unit-linked policies to enhance margins.

Suncorp pivots to insurance industry after approval of bank sale

Post-acquisition, Suncorp aims to prioritise insurance needs.

WTW urges APAC banks to consider non-payment insurance

Uncertainties like the Chinese real estate crisis call for effective credit risk management.

Asuransi Sinar Mas maintains satisfactory capital for expansion

The non-life insurer accounts for 9% of the total market share in GWP in 2023.

Indian bank launches new low-cost accident insurance

The coverage also has additional benefits such as free health consultations.