Insurance

Munich Re profits reach $3.62b in profit

The insurer beat its profit guidance of $3.3b.

Munich Re profits reach $3.62b in profit

The insurer beat its profit guidance of $3.3b.

Anil Wadhwani joins Prudential plc as new Group CEO

Wadhwani will replace current CEO Mark FitzPatrick

CoverGo appoints new APAC managing director

The new director is based in Singapore.

FWD Group buys Gibraltar BSN stakes to enter Malaysia's life insurance market

The Hong Kong-based insurers now own 70% of the Malaysian life insurer.

Natural hazard losses, inflation weigh on APAC reinsurers in 2023

Increase in costs of claims will add pressurers to profits.

Online selling platforms are new insurance intermediaries: report

The report aims to be a point of reference for government and industry discussion on insurtech.

Cathay Life Insurance unveils new health strategy for policyholders

The insurer is also embedding a new wellness program on its app.

InsuranceDekho clinches $150m in Series A funding round

It is considered the largest-ever Series A round by an Indian Insurtech company.

FM Global receives an insurance license in South Korea

The firm is also a licensed reinsurer in the country.

Thailand finance ministry to speed up COVID-19 payouts of dissolved insurers

The government said it plans to outsource part of the claim payments to private entities.

Singapore's new insurance premiums fall 5.2% in 2022

Rising interest rates and inflation dented demand for life insurance products.

AIA reveals result of 14th Desired Retirement Tracker survey

Over 1 in 2 plan to dip into their savings for ‘revenge travel’

Indonesian president Jokowi urges regulator to step up monitoring insurers

The president flagged that several complaints last year have not yet been resolved.

Insurance platform operator BVG launches IPO in Thailand

The funds will be used to develop AI technology.

What key skills insurers are hunting for in new hires

Jobs in digital transformation, data management, and data analytics will remain competitive.

Asia commercial insurance prices climb 2% in Q4 2022: report

The region has the smallest increase in prices globally.