APAC
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.
7 hours ago
A fourth of the insurance industry lacks AI-experienced talent
Other concerns include a lack of customer understanding.
8 hours ago
Manulife Asia unit net income leaps to $2b in FY 2024
EPS ended at $2.84.
8 hours ago
Sun Life reels new CHRO for Asia
She joins from RSA, where she served as Chief People Officer.
1 day ago
Insurer’s investment returns lift amidst strong equity market
Investment performance rebounded in 2023 after a weak 2022.
1 day ago
MS Amlin posts 7% net income rise to £103m in 9M 2024
Net premium earned nearly tripled during the period.
1 day ago
FWD Group Expands board with three new directors
The board now has 13 members.
2 days ago
Aon elects new APAC CEO
She succeeds Anne Corona, who has taken a new leadership role within Aon.
2 days ago
Global insurtech funding hits seven-year low in 2024
Australia was one of the markets with the largest share decrease.
3 days ago
How did the region’s insurance market rates compare with each other?
Korea, Malaysia, Singapore, and Thailand saw the largest commercial rate drops.
3 days ago
Fund finance market grows, banks leverage non-payment insurance
Banks seeking capital relief may benefit from insuring fund finance exposures.
3 days ago
MSIG Asia, RiskPoint bet on renewable energy insurance
The Asia-Pacific region could attract $3t of investments in power generation by 2033.
3 days ago
This week in Insurance: Meiji Yasuda’s $2.3b deal, Allianz eyes RAC, and regional growth gains
Taiwan, Singapore, and the Philippines recorded positive market growths.
5 days ago
How much did APAC’s cyber insurance market bag in 2024?
Guy Carpenter cautioned about evolving threats such as ransomware.
6 days ago
Tokio Marine Kiln unveils new division head
He previously worked at Talbot.
6 days ago
Insurers need to develop new strategies amidst ‘slowbalisation’: Geneva Association
Growth opportunities have been found in political risk and renewable energy insurance.
6 days ago
Sun Life's Q4 net income drops 75% amidst impairment charge
It was partially offset by favourable interest rate impacts.
6 days ago
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers