APAC
Swiss Re predicts $4t surge in life savings premiums by 2033 amid pension and retirement savings concerns
An estimated retirement savings gap of $106t exists across government-provided, employer-based, and individual pension savings in eight major economies in 2022.
Swiss Re predicts $4t surge in life savings premiums by 2033 amid pension and retirement savings concerns
An estimated retirement savings gap of $106t exists across government-provided, employer-based, and individual pension savings in eight major economies in 2022.
Climate risks are still insurable in global South – Howden
In his keynote speech at COP28, the CEO and founder emphasised the potential of loss and damage fund.
How global issues impact reinsurance: Guy Carpenter
Repricing risks, using quality data, and seeking alternative solutions are fundamental steps for insurers.
Three threats that pose a challenge to insurance investors in 2024: Conning
Richard Sega, Global Chief Investment Strategist at Conning emphasised that effective risk management is key.
Marsh completes acquisition of Honan Insurance
Josh Roach will be the merged entity’s president in January.
Swiss Re aims for $3.6b in net income amidst IFRS shift
Its SST ratio is perceived to be unaffected by the shift to IFRS.
Gallagher Re promotes Mark Hansen to COO role
He was previously COO of the North America segment.
Sun Life unveils new Chief Distribution Officer for Asia
Patrick Wei will be in charge of Asia’s distribution strategy, collaborating with distribution leaders across the region.
Global reinsurers must have a watchful eye: AM Best
Reinsurers must navigate a high inflationary environment.
Global insurtech investments impress Q3 expectations: Gallagher Re
P&C insurtech investment mainly pushed the quarter’s growth.
APAC’s healthcare spending to surge 9.9% in 2023 – WTW Survey
The region’s 2023 prediction is smaller than the global average of 10.7%
Swiss Re: Asia’s insurance players target health industry in 2024
In Singapore, shifting focus to health underscores the need for insurance players to close the protection gap that has remained unchanged in the last 5 years.
QBE Insurance’s capitalisation and leverage as 'strong': Fitch Ratings
QBE's financial leverage ratio is also moderate.
AIA Group releases climate action plan, target net-zero by 2050
It said it’s the first pan-Asian life and health insurer validated by the Science Based Targets Initiative (SBTi).
Only six out of 10 said they are ready to handle business risks: Aon survey
About three of 10 persons have been affected by last year’s top business risks.
Aspen Insurance rebounds YoY in Q323, net income at $86m
The insurer’s net income stood at $86m, a rebound from the previous year’s $161m loss.
Everest builds Asia team with new S’pore CEO and a head of insurance
Swee Keong Mah will be the Singapore branch’s new CEO and will report to Tomi Latva-Kiskola, who has been appointed as head of Insurance Asia.
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
Co-Written / Partner
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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Firewalls are never enough