APAC
Global Reinsurers’ ROE surpasses cost of equity in 2023
Global Reinsurers’ ROE surpasses cost of equity in 2023
ROE of reinsurers reached 22% last year.
Zurich’s P&C segment in Asia grows 4% YoY in 9M 2024
The Life insurance segment saw its new business premiums increase by 6%.
Aon to support Asia’s low-carbon investments with AIGCC
Aon aims to develop market-based climate solutions.
APAC sees rising demand for cyber, EV insurance
Motor insurance remains the largest non-life segment, representing 41% of premiums.
PCRIC, WTW enhance pacific disaster coverage
PCRIC will provide coverage against tropical cyclones, heavy rain, earthquakes, and tsunamis.
Manulife Asia Q3 2024 net income surges nearly ten-fold
The group bagged a Q3 2024 net income of $1.8b.
Brokers must ensure timely claim notification: Clyde & Co.
Some policies allow, but don’t mandate, policyholders to notify any potential claims.
Miller names new chief information officer
He has over 30 years of experience in IT.
Swiss Re sells iptiQ's European P&C unit to Allianz Direct
This move brings over 130,000 iptiQ customers into Allianz Direct's portfolio.
Great Eastern’s 9M 2024 earnings jump 39% YoY
Total weighted new sales and new business embedded value rose 19% YoY.\
Prudential’s APE sales up 7% to $5b for 9M 2024
Bancassurance sales were up 21% year-to-date.
FWD Group's new business value rises 6% to $623m in 9M 2024
New business sales rose to $1.4b.
Generative AI slashes P&C claim times by 50% – Bain & Co.
It could also decrease loss-adjusting costs by 20% to 25%.
Aon Underwriting Managers names new chief officer
His career includes 12 years with Liberty Specialty Markets.
Tysers appoints new leaders to enhance APAC operations
Both are based in Singapore.
Tokio Marine Kiln appoints new marine leader for APAC
Ampatzis joins TMK from Starr Insurance.
APAC reinsurers poised for growth on the back of sustained demand
Easing premium rates and organic demand will drive growth, said S&P.
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Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.
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Is the Asian auto insurance industry ready for the cars of the future?
From traditional brokers to tech-led platforms: How B2B insurance is changing in Singapore