Insurance
Allianz Commercial reels new regional had of financial lines, cyber
Allianz Commercial reels new regional had of financial lines, cyber
She holds more than 20 years of experience.
60% of Singaporeans overlook sustainability in finance
Only a fifth of respondents are aware of investment products linked to sustainability.
Manulife Asia announces leadership overhaul
Phil Witherington will assume the role of President and CEO of Manulife on 9 May.
Taiwan insurers' earnings leap to $10.3b in December
The life insurance segment made up 92.4% of the total profits.
KB Insurance earnings up 9.1% to $6b in FY 2024
Thanks to higher revenues, which increased 3.8% YoY.
Insurance investors to boost allocations abroad this year
Majority of insurers concerned about demographic shifts and AI.
Allianz, IAG eye RAC insurance acquisition
The insurer has engaged Barrenjoey to conduct a strategic review of the business.
Meeting evolving needs: How innovation will continue to drive insurance growth in 2025
The industry is projected to continue a growth momentum this year.
Reinsurance market to hit $539.3b by 2029
Non-life should see revenue growth, driven by demand for property, motor.
Allianz reveals India’s first multiple-coverage health plan for women
It covers critical illnesses, maternal and reproductive health, and wellness.
Health insurers struggle with fraud, waste and abuse detection methods
More than 80% of insurers reported provider-induced FWA.
Talanx projects 25% net income rise in FY 2024
The company foresees a return on equity of 17.8%.
Meiji Yasuda plans acquisition of US-based Banner Life
The sale is estimated at $2.3b.
Great Eastern General Insurance Malaysia names new CEO
He succeeds Ng Kok Kheng, who retires after 17 years in this role.
Commercial auto insurance sector slated for 6% CAGR by 2032
In APAC, the market is expanding rapidly thanks to increased trade.
Allianz Commercial names deputy CEO of Hong Kong
This role is an addition to his current responsibilities as the head of Financial Lines.
Zurich reveals flagship branch in Johor Bahru
It is located near routes like the Eastern Dispersal Link and Woodlands Checkpoint.
Commentary
AI isn’t replacing insurance, it’s finally making it work