Insurance
Aon opens climate innovation hub in Singapore
The climate hub will be housed in the Aon Centre for Innovation and Analytics.
Aon opens climate innovation hub in Singapore
The climate hub will be housed in the Aon Centre for Innovation and Analytics.
Australia’s Mavco Insurance gets acquired by Gallagher
Gallagher Australia’s offices will absorb Mavco’s employees.
QBE gross written premiums up 11% in Q1
The insurance firm expects to record a 10% growth for 2023.
VINARE to maintain robust performance: AM Best
Its return-on-equity ratio for the past five years proved better incoming performance.
AXA's gross premiums up 1% in Q1; life, health premiums fall
Its growth was driven by the property and casualty segment of the insurance firm.
China Non-Life Insurance stable in Q1: Fitch Ratings
Aggregate comprehensive solvency ratio of the Chinese non-life insurance sector remained high at 238%.
Rising interest rates prompt insurers to reevaluate alternative asset allocations
Insurers shift focus to private debt and infrastructure debt as yields rise on core fixed-income investments.
Generali launches Malaysia unit post-acquisition of AXA Affin
The transaction valued the acquired companies at RM1.29b.
Agricultural households covered skyrockets in 2022 vs 2010: Korea Re
This was boosted by the agricultural and fishery disaster insurance scheme.
Ping An paid out over 200 million cases in 2022
P&C claims had the most paid coverage with RMB194b.
Singapore’s life insurance industry down in first quarter
Annual premiums surged 24.7% on a quarterly basis.
AEON Retail partnership will offer device protection for Malaysians
It can cover smartphones, tablets, and other home appliances.
Starr Insurance puts up Labuan branch, Malaysia
The Labuan Financial Services Authority granted the insurer a general license.
Insurers see changing attitudes towards health and wealth amidst economic crisis: Manulife
70% of people in Asia express confidence in achieving their personal finance goals, with saving for retirement as the top priority.
Japanese tech firms create embedded property insurance for online real estate
The insurance will be offered to RENOSY customers.
FWD Singapore unveils first participating fund
It plans to encourage customers to invest in a passive income stream.
Prudential’s first-quarter APE up 35%
Sales in its bancassurance business fell 4%.
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1. Financial firms lead LinkedIn’s top companies in Singapore 2. InterContinental Singapore is saving insurance for a rainy day 3. 25% of employers to enhance insurance coverage in the next two years 4. Insurers struggle to balance customer acquisition and retention: study 5. Allianz Partners collaborates with MoneyHero for travel insuranceResource Center
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09
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Celebrate your award-winning insurance initiatives at the Insurance Asia Awards 2024
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Be recognised as one of the top insurers in the region by sending your entries until 19 April 2024!
Be recognised as one of the top insurers in the region by sending your entries until 19 April 2024!
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1. Financial firms lead LinkedIn’s top companies in Singapore 2. InterContinental Singapore is saving insurance for a rainy day 3. 25% of employers to enhance insurance coverage in the next two years 4. Insurers struggle to balance customer acquisition and retention: study 5. Allianz Partners collaborates with MoneyHero for travel insuranceAwards
Jul
09
Commentary
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