Insurance
Manulife rebrands its fund management arm in China
The change of name is tailored to its global operations.
Manulife rebrands its fund management arm in China
The change of name is tailored to its global operations.
America's Gallagher debuts Japan insurance brokerage
The brokerage will support the reinsurance team in Tokyo.
Prudential debuts financial advisory arm
The firm will be managed by industry veteran Bernard Chai.
Asia’s economic loss due to natural catastrophes reached $5.39b: Gallagher Re
This was 7% of the estimated total economic loss of US$77b, globally.
Manulife names new chief strategy officer, chief communications officer for Hong Kong and Macau
They both report to Hong Kong and Macau CEO Patrick Graham.
Allianz Trade expands excess of loss team in APAC
The company expects businesses to demand more support and protection in 2023.
AIA Group appoints ex-IHH Healthcare CEO as group chief healthcare officer
Kevin Loh was the managing director and CEO of IHH Healthcare Berhad.
FWD Singapore enhances home insurance offering with cyber fraud protection
More than a third of scams in Singapore involves data stealing and online shopping.
P&C insurance must close protection gaps or risk becoming irrelevant: McKinsey & Company
P&Cs in the Asia Pacific stand at only 0.5% of real GDP or half of the global penetration ratio.
China’s IAMCs can benefit from liberalisation: Cerulli
IAMCs, regardless of foreign ownership, have the ability to provide expertise in investment and research.
Reinsurer Canopius picks David Hoffman as Marine Underwriter
This is in line with the firm’s continued APAC expansion.
InsuranceDekho building one-stop-shop to solve India’s fragmented insurance ecosystem
The insurtech firm secured $150m in Series A funding round
India’s General Insurance Council to punish overcharging hospitals
Punishment ranges from warnings to permanent blacklists.
TMLS appoints two new C-suites execs
Both appointees have experience in senior leadership roles.
Protection gap in Southeast Asia a massive opportunity for insurers: S&P
Insurers can help insure the bottom 40% income group or address vulnerabilities to natural disasters.
AIA appoints Alvin Fu as new chief distribution officer
He succeeds Chin Chung Wan, who is retiring.
HKECIC and Hang Seng deliver first green export credit insurance
The very first green financing arrangement will ease export expenses whilst maintaining sustainability.
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
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The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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Firewalls are never enough