APAC

Zurich Group's BOP jumps 21% YoY, APAC business soars

The APAC business also announced a partnership with India-based Kotak Mahindra Bank.
9 hours ago

Zurich Group's BOP jumps 21% YoY, APAC business soars

The APAC business also announced a partnership with India-based Kotak Mahindra Bank.
9 hours ago

S&P Global Ratings forecasts earnings surge to $3.6b in 2024 for Swiss Re 

Its life and health reinsurance segment is projected to reach $1.5b in profits.
1 day ago

AXA XL Reinsurance CEO ‘bullish’ for 2024

The CEO said a shift towards a more balanced relationship between insurers and reinsurers, with a clearer division of labour, in terms of the renewal season.
1 day ago

NorthStandard sees rise in premium earnings since merger

Its gross tonnage (GT) rose to 256 million as of 20 February.
2 days ago

WTW, Solomon Agency partner to provide insurance solutions in South Korea and Vietnam

It plans to offer risk transfer services to clients in South Korea, Vietnam, and other parts of APAC.
4 days ago

Why embedded insurance is a must-have

An estimated 16% of Asian insurers’ revenues are now derived from embedded insurance.

Manulife Financial reports $5.6b net income for 2023

Earnings per share is $2.62 for the period

Insurtech funding landslides in 2023 to $4.5b

P&C and L&H both saw double-digit contractions.

AIA’s China expansion to enhance earnings diversity in long run: analyst

But capital buffers may narrow due to dividend payout and share buyback schemes.

Sun Life posts growth in Q4’23, Asia’s individual sales dirven by Hong Kong market

Regional office expenses and other factors resulted in a net loss of $12m.

To lead and to lag: APAC insurance’s conflicted AI journey in 2024

Whilst AI investments reached 23.93% of the total market, 41% of firms in Asia Pacific cling to outdated tech, hindering efficiency and scalability.

WTW reels in Royston Tan for head of health and benefits, APAC

Tan has 25 years worth of experience with employee benefits and life insurance operations.

Tyser boosts Asia, MEA presence with senior hires

Jayees Ibrahim and Elias Nohra has been added to its Dubai team to enhance operations in Asia, MEA nd Africa.