APAC
APAC insured losses reach $11b in 2022: Aon
APAC insured losses reach $11b in 2022: Aon
Australian flooding events were the costliest for insurers with $4b in insured losses.
Prudential to open Macau branch, appoints ex-AIA Macau CEO as general manager
The new branch is located at FIT Centre.
APAC nat cat losses breach $70b in 2022
Insured losses rose to $10b.
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WTW appoints APAC head of crisis management
The new head will be based in Singapore.
Insurtech Igloo extends Series B funding round at $46m
It initially raised $19m.
The triple threat for marine insurance
These threats are causing the industry $9.53b worth of losses.
Higher insurance claims lead to underwriting pressure for APAC reinsurers
S&P said APAC reinsurers showed slower growth and subdued underwriting margins.
Chubb appoints new regional head of consumer for APAC
He has over 20 years of experience in the insurance industry.
US private equity firms bets $350m on SEA digital insurance platform Oona
Low market penetration and rising internet adoption offer big upside potentials.
Fusion announces two APAC senior hires
One will join the team in Singapore whilst the other will join Hong Kong.
Miller appoints former Allianz head as APAC Head of Energy
He has worked in markets such as China, Hong Kong, and Singapore.
Almost 4 in 5 people in Asia are interested in mental health insurance
Multiple challenges like stigma and cost, however, are hindering most to seek help.
Former AIA director joins Manulife as new chief
The new chief brings with him 20 years of experience in the insurance and finance industry.
Cover Genius link arms with Turkish Airlines to embed insurance protection for travellers
Passengers of the airline are protected when they fly both international and domestic.
Is climate risk getting too hot to handle for reinsurers?
Analyst says governments will link arms with reinsurers to fortify natural disaster defense.
Swiss Re Group CIO steps down after 25 years
His retirement will be effective on 31 March 2023.
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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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