Insurance
GIAJ names new chairman, introduces priorities for coming year
His key policies and initiatives involve digitalisation, climate change, and sector awareness.
GIAJ names new chairman, introduces priorities for coming year
His key policies and initiatives involve digitalisation, climate change, and sector awareness.
Markel names ex-Swiss Re head of casualty as its Asia chief of underwriting
Kevin Leung was head of casualty and financial lines for APAC at Swiss Re.
Australia’s Fed penalises Insurance Australia Group
Its wholly-owned subsidiary provided misleading information over pricing discounts.
SK’s regulators to return KRW12.4t worth of unclaimed insurance funds
The sector is also planning to shorten the transfer process to KINFA by one year.
Profitability of Japanese non-life insurance to recover in 2024
It is anticipated that Japanese non-life insurance groups will uphold robust capital adequacy.
Reinsurer Canopius builds global cyber incident team
It consists of members from Sydney, London, and Chicago.
Prudential, Bangkok Dusit Medical Services team up to offer breast cancer services
This coverage includes treatment costs and specific accommodation expenses.
Philippine micro-insurance premiums rise 14% in 2022
Total lives insured under micro-insurance products reached 57.8 million.
Korean reinsurance jumps 15.3% in 2022
There is higher demand for reinsurance and co-insurance, Korea Re said.
Philippine life insurance up 3.30% in first quarter
Total assets accumulated for the quarter reached P1.71t.
Chubb appoints new COO of global reinsurance
This appointment is effective immediately.
Allianz Global announces new CFO for corporate and specialty
Claire-Marie Coste-Lepoutre will take over Oskar Buchauer.
Australian regulator flags Medibank for cyber incident
Medibank will face an AU$250m ($168m) increase in its capital adequacy requirement.
Fubon Insurance surplus to keep momentum after capital injection: analyst
The insurance company was also described to have an adequate balance sheet.
Mitsui Sumitomo Insurance's strategic initiatives to drive performance: AM Best
Potential risks may arise from MSI’s stock investments and bond holdings.
Singlife allies with Aspire to enhance financial accessibility of SMEs
SMEs can access services, including financial software and affordable business insurance.
Asian Re should improve business plan for better underwriting output: AM Best
Asian Re is anticipated to face ongoing market and regulatory challenges.
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Insurance Asia Forum 2024 convenes in Jakarta to shape the future of insurance
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The event gathers insurance professionals from across Asia, exploring the evolving realms of risk management, technology, regulations, and customer engagement.
The event gathers insurance professionals from across Asia, exploring the evolving realms of risk management, technology, regulations, and customer engagement.
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