Insurance

Labuan and Bermuda financial regulators darken ink on collaboration

The Labuan FSA and Bermuda central bank target to bolster the insurance market and digitalisation efforts.

Labuan and Bermuda financial regulators darken ink on collaboration

The Labuan FSA and Bermuda central bank target to bolster the insurance market and digitalisation efforts.

International Union of Marine Insurance release advice on proper handling of EVs

The report is to advise on early fire detection and quick solutions.

Gallagher Australia swoops former Marsh ESG leader

She will oversee climate change-related risks and consulting.

Singlife revamps investment platform to GROW

The platform was previously Navigator Investment Services.

Hong Kong’s insurance premium falls 1.4% YoY in first semester

The whole life, critical illness, and general insurance markets each saw increases.

Ping An Life, P&C segments saw rise in 1H 2023 performance

The group’s operating profit reached RMB82.0b.

APAC to lead microinsurance market – report

Globally, the segment’s CAGR is forecast to rise 6.2% by 2031.

FWD Singapore enters HNW insurance market

Jason Tsui has been selected as Chief High-Net-Worth Officer to spearhead the segment.

Howden ramps up Singapore marine team

The insurance brokerage firm appointed Bozidar Ljubisavljevic as the Executive Director.

HSBC Life Singapore unveils new CEO

Harpreet Bindra will oversee the company’s business strategy in Singapore.

FWD Group’s new business value  jumps 22% YoY in first half

The six months to June accumulated $482m in new business value.

MAS-licenced MoneyOwl to wind down financial advisory business

The company found that its advisory business is not financially viable.

Australia assures FIs with new corporate plan amidst surfacing risks

This is to assure the stability of insurers, banks, and superannuation sectors.

Taiwan’s pre-tax earnings register NT130b, YTD

Both its life and non-life markets saw incremental year-on-year increases.

Qoala on a tech-driven mission to insure more Malaysians

Its online platform promotes financial literacy and strategic partnerships, aligned with the government’s insurance agenda.

APAC amongst fastest growing cyber insurance market: S&P Global

It grew 51.2% in the past five years but remains the second smallest market globally.