APAC

Evolving risks means more volatility for APAC reinsurers: report

An analyst warns that these could cause some of the data for pricing risk to become obsolete.

In Focus

Evolving risks means more volatility for APAC reinsurers: report

An analyst warns that these could cause some of the data for pricing risk to become obsolete.

In Focus

AXA revenue leaps by 7% to $87.76b

The insurer's Asia revenue grew by 8%.

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Allianz Asia Pacific appoints new regional head

Former regional CEO Solmaz Altin has decided to leave the company after 13 years.

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Manulife Q3 net income drops 23% to $1.59b

However, YoY results saw an increase of 18% compared to 2020.

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Asia commercial insurance prices climbs by 6% in Q3

Meanwhile, global commercial insurance prices increased by 15%.

In Focus

Sun Life appoints new president of Asia business

The financial veteran will be responsible for the health and wealth management businesses.

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The ABC’s of embedded insurance

A SOMPO executive discusses how this market is taking a slice of the insurance industry's $6.4t pie.

Exclusive

South Asia digital personal P&C premiums to hit $7.5b in five years

Digital personal P&C insurance penetration rate in the region is at 1%-2%.

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Global insurer Chubb acquires Cigna’s APAC business for $5.75b

Cigna has operations in seven markets in Asia-Pacific.

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Insurtech Cover Genius bags $72m in Series C round

Sompo Holdings Asia led the round with an investment of $50m.

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Pankaj Banerjee joins Manulife as Chief Distribution Officer for Asia

He will also be a member of the company's Global Leadership Team.

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Munich Re appoints new senior regional exec

Michaela Hannemann will be based in Singapore.

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APAC fertile ground for reinsurance market: Hannover Re

The German reinsurer anticipates growth in the P&C and health reinsurance.

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Non-life insurance premiums to surge to $7t by 2022: Swiss Re

General insurance premiums to rise to 10% above pre-COVID-19 levels in 2021.

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Global cargo insurance premiums reached $17.2b in 2020

Outlook for 2021 however looks bleak.

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Price increase to stabilise reinsurance sector through 2022: Moody’s

Uncertainty brought by COVID-19 had started to diminish.

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Prudential Laos named Domestic Life Insurer of The Year by The Insurance Asia Awards 2021

Prudential Life Assurance Lao Company Limited (“Prudential Laos”) is pleased to be named “Domestic Life Insurer of the Year” by The Insurance Asia Awards 2021. The company was recognised for launching its all-in-one digital health and wellness application Pulse by Prudential (Pulse) to help Lao people take charge of their health and wellness. The prestigious award also applauded the community engagement initiatives rolled out by Prudential Laos in response to the COVID-19 outbreak.

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