APAC
Allianz Commercial reels new regional had of financial lines, cyber
Allianz Commercial reels new regional had of financial lines, cyber
She holds more than 20 years of experience.
Manulife Asia announces leadership overhaul
Phil Witherington will assume the role of President and CEO of Manulife on 9 May.
Insurance investors to boost allocations abroad this year
Majority of insurers concerned about demographic shifts and AI.
Allianz, IAG eye RAC insurance acquisition
The insurer has engaged Barrenjoey to conduct a strategic review of the business.
Reinsurance market to hit $539.3b by 2029
Non-life should see revenue growth, driven by demand for property, motor.
Health insurers struggle with fraud, waste and abuse detection methods
More than 80% of insurers reported provider-induced FWA.
Talanx projects 25% net income rise in FY 2024
The company foresees a return on equity of 17.8%.
Commercial auto insurance sector slated for 6% CAGR by 2032
In APAC, the market is expanding rapidly thanks to increased trade.
Sompo appoints new risk Chief for APAC
She will report to Emmanuel Brule, CRO of Sompo International Holdings.
Insurers pivot to science-based cleantech risk modeling
This shift aims to address climate risks and capitalise on cleantech opportunities.
IFRS 17 raises financial statement clarity: Fitch
APAC insurers are reconsidering product offerings.
Premium finance market to grow 10% by 2032
The life insurance segment is expected to surpass $75b by 2032.
Aon veteran to head commercial risk in Asia-Pacific
He will report to Joe Peiser, global CEO of Commercial Risk Solutions.
Markel’s FY 2024 net income leaps to $2.8b
EPS stood at $199.32.
SCOR unveils global head of casualty, EIL
He replaces Daniel Carerras, who became Chief Underwriting Officer.
Howden’s insurance segment bags 14% organic growth in FY 2024
New talent also contributed 30% of the organic revenue growth.
WTW posts $88m loss in FY 2024
Revenues for the year increased 5% YoY.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness