APAC
Munich Re projects $2b net profit in Q1’24
Munich Re projects $2b net profit in Q1’24
It forecasts a net profit of €5b for the year, 9% higher than 2023.
MS Amlin onboards Moody’s RMS
MS Amlin will utilise Moody’s cloud-native applications for underwriting, capital and pricing.
Chubb witnesses 13.3% net income surge in Q1’24
The group saw strong results in its commercial and consumer P&C and Asia life businesses.
Veteran DBS banker joins Kairos
Stephen Lee has more than 30 years of experience in the industry.
QBE Asia taps new business development lead
Jordan Steward carries about eight years of experience in the industry.
Chubb acquires Healthy Paws
It is acquiring the pet insurer from Aon.
Swiss Re to roll out AI tool for better decision-making
The initiative is set for a broader rollout later in the year.
SEADRIF confirms Kawai as leader in disaster risk
He will also serve as the secretary general of the ASEAN +3 DRF initiative.
Reinsurers see April renewals stabilise
Increased capacity alongside demand was seen in APAC, says Aon.
Marsh McLennan Q1’24 revenue up 9% to $6.5b
Marsh’s APAC business saw its revenue jump 6% YoY.
Munich Re's regional restructuring focuses on P&C business
New leaders have been selected for Japan, Korea, and India.
Generali revamps organisational structure
Generali Investments Holding will manage global asset management activities.
Asia bears $17b of Q1 natural disaster economic loss
Less than half of the global economic losses were insured during Q1’24.
Liberty Mutual bolsters capabilities to expand in APAC
Liberty Specialty Markets and Asia Retail Markets will merge.
How insurance companies can embrace sustainability
A Sustainable Insurance Roadmap was made to guide companies on how they can incorporate sustainability into their strategies.
Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
Howden warns against over-reliance on cyber insurance
The insurance broker listed three AI threats haunting organisations.
Thought Leadership Centre
In Association with
Most Read
1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
