Insurance

Swiss Re warns motor insurers on rising claims pressures

Last year saw 90 million car sales, which required mandatory motor coverage.

Transamerica Life Bermuda appoints Kristine Ung as CEO

She has held senior roles at AIG, AIA, Chubb and Kismet Solutions.

S&P says quake losses in Thailand capped by reinsurers

Thai insurers have strengthened their reinsurance coverage over the years.

GAIP appoints Rohit Boda as India head, non-executive director

This is in line with GAIP's expansion goals in India.

Chubb’s Q1 2025 profit dips 38%

P&C lines' premium growth was 6.1% for the region.

Central Asia insurers diversify portfolios with reinsurance play: AM Best

Despite the shift possibly driving profits, AM Best still warns of risks.

P&C insurance market prepares for demographic shift by 2050: Capgemini

45% of consumers expect to spend more on lifestyle upgrades.

Manulife Singapore streamlines advisor tools with iFUNDS update

The update also allows Unit Trust transactions directly within the platform.

Asia’s commercial rates contracts in Q1 2025

This is the fifth consecutive quarter that rates have fallen.

Zhibao Technology opens reinsurance unit in Labuan for expansion

It expects Zhibao Labuan to act as a minority risk taker for selected businesses.

Ping An Health’s Q1 2025 earnings hit $8m

70% of Ping An Life’s new business value came from health and senior care services.

India’s non-life insurance sees flat growth in FY 2025

It was dragged by the low passenger vehicle sales growth during the period.

Singlife launches shared accident coverage for families

The insurer said this is the first personal accident insurance plan in the market.

Willis appoints Steve Hutchinson as P&C head for HK, Macau

He was previously Chief Broking Officer at Howden Insurance Brokers in Hong Kong.

Chinese insurers explore nonstandard securitisations

Originators want faster issuance times, even at higher funding expenses.