Insurance
Asia-Pacific’s 2024 deal activity ‘sluggish’
Asia-Pacific’s 2024 deal activity ‘sluggish’
The Ardonagh Group acquisition of PSC Insurance was the largest deal.
Well Link Life Insurance's investment yield aims for double digits
AM Best expects the company’s medium-term balance sheet to remain strong.
Igloo multiplies partnerships across SEA, new chief distribution offier
Sasitharan Krishnan has over 30 years of experience in insurance distribution.
A fourth of the insurance industry lacks AI-experienced talent
Other concerns include a lack of customer understanding.
PRU Life UK debuts flexible, hybrid-friendly BGC head office in Manila
The new workspace aims to boost productivity and prioritise well-being.
Manulife Asia unit net income leaps to $2b in FY 2024
EPS ended at $2.84.
Vietnam state insurer app logs 38% insured users in digital shift
Nearly 2.5 million customer interactions were recorded last year.
Bima Trinity initiative to boost insurance industry: CareEdge
The industry’s growth can be attributed to retail health and motor.
360 ONE Asset buys 15% of Bharti AXA
Which is expected to boost its market presence in India.
Sun Life Malaysia Takaful announces new CEO
He succeeds Jeffry Azmi, who has retired.
Sun Life reels new CHRO for Asia
She joins from RSA, where she served as Chief People Officer.
Insurer’s investment returns lift amidst strong equity market
Investment performance rebounded in 2023 after a weak 2022.
Canara HSBC introduces flexible payout term insurance
It offers policyholders to increase coverage at key life milestones.
Philippines life insurance rises whilst non-life declines in Q4 2024
Both sector’s total assets grew YoY.
China's insurance market sees rate decreases in Q4 2024
Mainly to retain business and secure program participation.
MS&AD net income doubles to $4.13b in 9M 2024
Thanks to higher ordinary profit, which surged 113.4% YoY.
Why a third of Singaporean SMEs don’t use cyber insurance
Amongst those without coverage, half considered purchasing a policy.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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