APAC

AIA pledges net zero GHG emissions by 2050

AIA pledges net zero GHG emissions by 2050

The firm’s emissions will be overseen by a climate committee.

Generali GC&C names Asia head of casualty underwriting

The new head has worked in several markets including Korea, Taiwan, and Hong Kong.

HSBC appoints global CEO of HSBC Life

Greg Hingston was the former wealth and personal banking head in Hong Kong.

9 out of 10 of insurers worried over climate risks 

Insurers said this will have a significant impact on portfolio construction.

Evolving risks means more volatility for APAC reinsurers: report

An analyst warns that these could cause some of the data for pricing risk to become obsolete.

AXA revenue leaps by 7% to $87.76b

The insurer's Asia revenue grew by 8%.

Allianz Asia Pacific appoints new regional head

Former regional CEO Solmaz Altin has decided to leave the company after 13 years.

Manulife Q3 net income drops 23% to $1.59b

However, YoY results saw an increase of 18% compared to 2020.

Asia commercial insurance prices climbs by 6% in Q3

Meanwhile, global commercial insurance prices increased by 15%.

Sun Life appoints new president of Asia business

The financial veteran will be responsible for the health and wealth management businesses.

The ABC’s of embedded insurance

A SOMPO executive discusses how this market is taking a slice of the insurance industry's $6.4t pie.

South Asia digital personal P&C premiums to hit $7.5b in five years

Digital personal P&C insurance penetration rate in the region is at 1%-2%.

Global insurer Chubb acquires Cigna’s APAC business for $5.75b

Cigna has operations in seven markets in Asia-Pacific.

Insurtech Cover Genius bags $72m in Series C round

Sompo Holdings Asia led the round with an investment of $50m.

Pankaj Banerjee joins Manulife as Chief Distribution Officer for Asia

He will also be a member of the company's Global Leadership Team.

Munich Re appoints new senior regional exec 

Michaela Hannemann will be based in Singapore.