Insurance
TATA AIG stresses political risk insurance needs
TATA AIG stresses political risk insurance needs
Rising costs hit Indian exporters amid global crises
Miller expands Asian team, appoints Edward Cheak
He brings over a decade of experience.
MAS confirms no competitive concerns with Allianz deal
Income's market share in life and general insurance is less than 10%.
Hyundai Insurance China faces capital challenges amidst expansion
HIC is diversifying into personal lines, focusing on ride-hailing drivers and motor insurance.
How are insurers affected by China’s real estate market decline?
Regional carriers have about 8% of their portfolios in global commercial real estate.
Top APAC insurers see market cap growth of Q2 2024
China Life Insurance led with a 9% growth during the period.
China United Property Insurance’s bond issuance to ease capital pressure
It could raise the financial leverage ratio to ~30%.
AXA launches first heatwave parametric insurance
It aims to provide protection to employees exposed to outdoor conditions.
Munich Re Korea gets new CEO
His role is effective 1 August.
Prudential names new regional CEO for China
Angel Ng has more than two decades of experience in the financial services industry.
Great Eastern Life sees mixed Q2 performance in Singapore, Malaysia
Its performance offers insights for competitors like Prudential and AIA.
Swiss Re reels Alan Wilson as board of directors
He was MSIG Asia's CEO for 14 years.
AXA sells investment arm to BNP Paribas for $6b
The sale is expected to drag AXA’s earnings by $440m.
Markel Asia grows with key underwriting appointments
Alvernia Xu has been appointed head of Operations in APAC.
Fitch praises South Korea’s transparent insurance regulations
The FSC monitors insurers' capital strength.
Typhoon Gaemi causes multi-million dollar losses in Asia
Economic losses range from $220m to $245m.
Asia Pacific composite insurers exceed profitability standards
Their Fitch-calculated financial leverage ratios stay adequate with their ratings.
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1. 2025 salary hikes expected in Singapore's insurance sector 2. New India Assurance works to tighten underwriting, risk controls 3. NRIC numbers invalid for key insurance transactions 4. Non-life insurers told to upgrade tech to drive growth 5. Hong Kong’s insurance sector could see 3% to 4% salary hikes in 2025Resource Center
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