Insurance
Resolution Life seals first Hong Kong reinsurance deal worth $1b
Resolution Life seals first Hong Kong reinsurance deal worth $1b
The deal covers a portfolio of in-force participating whole life and annuity policies.
Howden Re launches reinsurance broking unit in Hong Kong
A managing director has been appointed to lead the treaty reinsurance operations.
Prudential adds former Swiss Re CIO Guido Fürer to board
Meanwhile, Amy Yip will step down from the Board on 31 October.
Markel Insurance names principal officer for Malaysia
Markel is currently licensed as a Tier 2 reinsurer in Labuan.
Fitch sees QBE outlook steady on higher profits and lower risk
It cited continued operational strength and reduced earnings volatility as key drivers.
Insured losses reach $70b in H1 2025: Guy Carpenter
The second quarter saw a levelling off in losses.
Marsh reports 6% rise in captive premiums to $77b in 2024
Marsh has assisted in forming nearly 500 new captives, including 92 in 2024.
Auto insurers under strain from high-tech repairs
Fixing EVs is expensive, leading many to declare these as a loss.
Taiwan insurers record loss in end-May 2025
The industry sharply fell by 128% YoY.
Allianz Australia cements South Australia growth via RAA deal
About 300 RAA employees have joined Allianz.
HSBC Life Singapore appoints Chong to new commercial leadership role
Chong brings over 20 years of experience in banking and insurance.
HDI Global SE appoints two senior executives for risk finance division
Nelson Castellanos has been named a Vice President and Fabien Guilhot has been appointed a director.
Allianz Commercial names new regional head of Liability
He also joins from Allianz Insurance Singapore.
APRA requires insurers to identify critical services under new CPS 230 rule
It also mandates enhanced oversight of third-party service providers.
Cost, insurance limits threaten global progress in HIV treatment
Japan’s lack of generic PrEP options has made therapies inaccessible to most patients.
IAIS expects insurers to weather 2025 with solid reserves
Risks also led to wider corporate bond spreads and declines in asset and commodity prices.
Allianz appoints Pivný as CFO for Asia Pacific region
Pivný was most recently CFO of Allianz Poland.
Commentary
AI isn’t replacing insurance, it’s finally making it work