APAC

WTW reels in Royston Tan for head of health and benefits, APAC

Tan has 25 years worth of experience with employee benefits and life insurance operations.

WTW reels in Royston Tan for head of health and benefits, APAC

Tan has 25 years worth of experience with employee benefits and life insurance operations.

Tyser boosts Asia, MEA presence with senior hires

Jayees Ibrahim and Elias Nohra has been added to its Dubai team to enhance operations in Asia, MEA nd Africa.

APAC’s insurance rates in Q4’23 flat, rises 2% globally

This is the 25th consecutive quarter composite rates climbed.

Fusion forms partnerships with Antares, Beazley, Everest for SME business

Fusion’s standalone directors and officers (D&O) liability insurance will benefit from the collaboration.

Health insurance amongst top priorities for job seekers in SG, HK

76% of tech hiring managers in Singapore and Hong Kong found recruitment highly competitive in 2023. 

Howden taps David Shalders as group COO

Shalders will report to CEO David Howden in London.

Aon revenue jumps 7% YoY in 2023

Net income for the year fell to $2.6b.

WTW's new parametric policy protects vulnerable South Pacific reefs

The coverage allows for rapid payouts, supporting reef recovery efforts and community assistance activities following cyclones. 

Orderly 2024 reinsurance renewals show stability amid industry concerns: S&P Global

Reinsurers are showing interest in the property catastrophe business, benefiting primary insurers. 

AXIS Capital's 2023 net income soars 79.2% to $346m

Its book value per diluted common share witnessed an uptick to $54.06.

RenaissanceRe reports $2.5b 2023 net income

Its underwriting income stands at $1.6b.

Only 5% of real estate investors confident about having proper insurance

According to a WTW report, 64% of real estate managers struggle to secure suitable insurance in hardening market.

Leonteq extends digital offerings to insurers

The platform allows real-time monitoring.

What are the five most pressing risks in Asia this 2024?

FM Global spell out ways businesses can build resilience in the anticipated risks of 2024.

Chubb's 2023 profits soar 72.1% YoY

Life Insurance net premiums written increased by 51.5% to $5.47b,

AI deepfakes emerge as new threat in insurance fraud, warns Kennedys report

Geopolitical risks due to deglobalisation, driven by a fragile geopolitical landscape also pose as a threat for the industry.