APAC
Zurich inks underwriting agreement with RentCover
Current RentCover policyholders will see their policies underwritten by Zurich upon renewal.
AXA XL appoints new head of art and expertise for APAC, Europe
He is rejoining AXA XL after more than two years.
Chubb names new general insurance head of property, APAC & Japan
Ben McGregor will begin working on his new role on 1 December 2023.
Business insolvencies witness sharp climb – Allianz Trade
Global insolvency rates are expected to rise significantly by +6% in 2023.
Global insured losses in Q3 surpass the century’s annual average
Economic losses amounted to $295b in the nine months to September.
Marsh McLennan names new Mercer president
In the meantime, Martine Ferland will remain CEO until her retirement next year.
Blue Cross APAC underwriting performance to stay ‘subdued’: S&P Global Ratings
Its combined ratio will stay above 100% through 2025.
Global cyber insurance market to see 50% growth in next five years: Swiss Re
Swiss Re said no country has fully realised the economic potential of digital technology in the insurance sector.
Allianz Partners teams up with bolttech to launch embedded insurance in APAC
The two will jointly provided embedded device and appliance insurance.
Manulife enters $1m partnership with Kiva
The partnership will create a revolving fund for microentrepreneurs
Navigating Challenges: New Vessels, New Risks
Risks associated with a proliferation of highly specialised new build offshore wind installation vessels.
Employee medical plan costs for APAC businesses to see rise, highest since 2015
Trend rates reflect the percentage increase in medical plan costs per employee, including insured and self-insured plans.
Manulife IM re-recruits real estate exec
He will lead its third-party capital management activities in the region.
Tariffs can limit insurers' ability to adjust prices, reinsurance rates ‘muted’: Gallagher Re
Inflationary pressures vary across the region, leaving most markets to face escalating reinsurance costs and stricter coverage term.
APAC’s liability insurance sector to exceed $61b by 2027: GlobalData
Its growth will be underpinned by robust economic development in key markets and enhanced product offerings.
ICS will be 2024’s hot topic for insurers: Fitch Ratings
The International Association of Insurance Supervisors (IAIS) is currently assessing the economic impact of the standard.
Most Read
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
Read Here
Advertise
Sign Up
Awards
Jul
09
Event News
Event News
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.
Videos
Partner Sites
Most Read
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
Commentary
Firewalls are never enough