APAC
Boosting non-life insurance profitability to strengthen ‘vital role’ as a financial safety net: Swiss Re
An ongoing imbalance in the demand and supply of non-life insurance is predicted.
Boosting non-life insurance profitability to strengthen ‘vital role’ as a financial safety net: Swiss Re
An ongoing imbalance in the demand and supply of non-life insurance is predicted.
Aon appoints new head of construction and infrastructure for Asia
He has been in the insurance and construction industry for 23 years.
International Union of Marine Insurance release advice on proper handling of EVs
The report is to advise on early fire detection and quick solutions.
APAC to lead microinsurance market – report
Globally, the segment’s CAGR is forecast to rise 6.2% by 2031.
Prudential expands 39% YoY in new business profits for first semester
Outlook for the region remains mixed.
APAC amongst fastest growing cyber insurance market: S&P Global
It grew 51.2% in the past five years but remains the second smallest market globally.
CDP urges insurers and other FIs to integrate system-wide transformation for nature-related risks
Insurers have incorporated climate change risk and opportunity in their portfolios more than water or forest-related.
Top 20 APAC insurers average 8.2% in premium growth – GlobalData
Rate hikes and macroeconomic uncertainty remain a concern for APAC insurers.
Unrealised losses to fly by top 20 reinsurers: S&P Global
About 25% of the total unrealised losses will reverse by the end of the year.
Pacific Life Re names Vasan Errakiah as Asia general manager
He will join the insurer’s Asia Executive Committee.
Allianz APAC shows solid H1 performance
Its L/H and P&C segments saw annual increments.
About six of 10 financial leaders expect revenue to jump 10% in three years
64% of consumers trust established banks for insurance purchases.
Aon unveils regional leader for Asia segment
He will be relocated to Singapore.
Aijiao Ruan becomes senior underwriter at AXA XL Insurance Asia
She will take on the underwriting of the Specie business.
Zurich Asia Pacific new business premiums up 43% in H1
Commercial premiums grew 11% whilst retail premiums were up by 17%.
Less than half of APAC’s natural disasters were insured in the first semester 2023: Munich Re
Calamities that occurred during the period reaped losses worth $7b.
Global M&A landslides in H1 2023, APAC falls 9%
Insurer M&A downfall will not stay long, the firm said.
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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