APAC
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).
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.
Mercer Asia appoints Robert Ronneberger as head of investment sales
He will expedite prospecting activities for Outsourced Chief Investment Officer (OCIO) services.
APAC’s insurance premiums to rise 2.3% in the next two years: Swiss Re
The region’s insurance premium growth is slightly higher than the world estimate of 2.2%.
Allianz Partners names CEO of Travel business
Anna Kofoed has 25 years of experience in the travel technology industry.
Global trade credit insurance market reaches $14b in 2022 – ICISA
Trade credit insurance serves as a vital risk management tool for businesses.
Aspen names new int’l head of cyber
He will continue to be based in the London office.
Manulife surpasses Q3 performance expectations: Report
Analysts have estimated 83 cents per share for the quarter.
Munich Re records $3.9b profit in 9M23
The German reinsurer has been following the new reporting standards IFRS 9 and 17.
AXA XL appoints new CUO for APAC, Europe
She has extensive experience as an environmental liability underwriter.
bolttech boosts international collaboration with telecoms
This collaboration aims to provide device insurance for European mobile operators.
Coal asset stranded risk grows amid insurance coverage challenges: WTW
WTW’s report highlights the struggle between energy security, affordability, and sustainability, leading to continued volatility in the power sector.
The lack of available resources forces asset owners to remain on legacy tech: Survey
More than half of asset owners, including insurers, still utilise spreadsheets for monitoring assets.
Global M&A claims surge despite smaller deal volume: Report
In 2022, the largest claims still originate from accounting and financial issues.
Miller names new lead for Financial Lines, Asia
William Seccombe will focus on forming a team of experts to boost Miller’s offering.
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1. OCBC's bid for Great Eastern Life to boost sector valuations 2. Singlife introduces first market insurance for dementia care 3. SG’s life insurers see 32.2% leap in new business premiums in Q1’24 4. HSBC Life Singapore unveils universal life plan for affluent clients 5. Is ‘Londonisation’ good for Asia’s M&A insurance market?Resource Center
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09
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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]()
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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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1. OCBC's bid for Great Eastern Life to boost sector valuations 2. Singlife introduces first market insurance for dementia care 3. SG’s life insurers see 32.2% leap in new business premiums in Q1’24 4. HSBC Life Singapore unveils universal life plan for affluent clients 5. Is ‘Londonisation’ good for Asia’s M&A insurance market?Awards
Jul
09
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Firewalls are never enough