APAC
Insurer’s investment returns lift amidst strong equity market
Investment performance rebounded in 2023 after a weak 2022.
MS Amlin posts 7% net income rise to £103m in 9M 2024
Net premium earned nearly tripled during the period.
FWD Group Expands board with three new directors
The board now has 13 members.
Aon elects new APAC CEO
She succeeds Anne Corona, who has taken a new leadership role within Aon.
Global insurtech funding hits seven-year low in 2024
Australia was one of the markets with the largest share decrease.
How did the region’s insurance market rates compare with each other?
Korea, Malaysia, Singapore, and Thailand saw the largest commercial rate drops.
Fund finance market grows, banks leverage non-payment insurance
Banks seeking capital relief may benefit from insuring fund finance exposures.
MSIG Asia, RiskPoint bet on renewable energy insurance
The Asia-Pacific region could attract $3t of investments in power generation by 2033.
This week in Insurance: Meiji Yasuda’s $2.3b deal, Allianz eyes RAC, and regional growth gains
Taiwan, Singapore, and the Philippines recorded positive market growths.
How much did APAC’s cyber insurance market bag in 2024?
Guy Carpenter cautioned about evolving threats such as ransomware.
Tokio Marine Kiln unveils new division head
He previously worked at Talbot.
Insurers need to develop new strategies amidst ‘slowbalisation’: Geneva Association
Growth opportunities have been found in political risk and renewable energy insurance.
Sun Life's Q4 net income drops 75% amidst impairment charge
It was partially offset by favourable interest rate impacts.
Tune Protect and Collinson partner for lounge access
It’s available to customers who purchase select AirAsia travel insurance plans.
Guaranteed auto protection insurance market slated for 7% CAGR through 2032
Automobile industry and awareness in China are driving GAP insurance adoption.
Prudential to potentially list India-based ICICI Pru AMC
The net proceeds will be returned to shareholders if followed through.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work