News

HSBC taps Ed Moncreiffe as CEO of Global Insurance

He replaces Greg Hingston, who is leaving the firm to explore other opportunities.

HSBC taps Ed Moncreiffe as CEO of Global Insurance

He replaces Greg Hingston, who is leaving the firm to explore other opportunities.

Canopius reels in new CEO for APAC, MENA

Soon Keen Lee is expected to join Canopius before the end of Q2’24.

Igloo partners with Tokopedia for consumer protection

The partnership hopes to cover 99% of Indonesia’s districts. 

Narrow capital buffer limits Allianz Jingdong's expansion

Fitch anticipates increased synergy and integration between the parent company and its Chinese subsidiary.

Generative AI to drive $50b boost in distribution – Bain & Co.

As generative AI continues to evolve, insurers must adopt responsible strategies.

Why insurance providers are the key to APAC health solutions

Insurance-backed digital app penetration is projected to rise by 70% in the next two years.

Vietnam’s social insurer revamps org structure for efficiency

94.8% of the 4.7 million dossiers required to be resolved were completed.

Cyber risks escalate with ransomware on the rise: Munich Re

Global cybercrime costs will reach $13.8t by 2028.

Aon’s CFO Davies to retire in 2025

She joined the company in 2007.

Global non-life reinsurance market to see improved margins

The market witnessed a dramatic increase in average retentions on property reinsurance programmes.

Equity infusion strengthens Zhongyuan against risks: Fitch Ratings

Despite higher loss ratios in agricultural insurance, ZYIC maintains a profitable underwriting margin.

Generali Investments Holding welcomes Conning

Cathay Life Insurance also holds a 16.8% stake in Conning.

Guy Carpenter boosts senior leaderships in APAC

A new CEO will lead the Pacific region.

Howden expands footprint in France with acquisition

Howden now employs nearly 400 employees across France.

China’s general insurance sector to surge 7.4% in CAGR by 2028

The sector’s CAGR is seen to climb 6.9% this year.