News
Manulife Asia, MDRT partner for agent development
MDRT will provide Manulife agents with tools and training to enhance skills.
Toa Re’s H1 2024 net income nearly doubles
This was the second year of growth since a net loss in 2022.
HKIA calls for cross-border collaboration amidst elderly protection gap
Clement Lau emphasised the role of the insurance sector in supporting the elderly.
Transamerica Life Bermuda debuts new logo
The company has a scheduled rebranding this coming March.
Vietnam’s Health Insurance Fund spent $6b on patient care in 2024
Over 186.2 million received medical examination and treatment.
Cyber reinsurance market sees increased competition: Gallagher Re
Discussions around cyber war, a 2024 hot topic, was less this year.
Cambodia’s November gross premiums jump 11% YoY
However, number of policies for the general insurance market fell.
Taiwan reinsurance prices stay moderate despite forecasts
The availability of catastrophe capacity remained strong, Gallagher Re said.
MSIG taps Inova Care for health portfolio management
The partnership aims to address the country’s double-digit medical inflation.
Markel reels in new head of Singapore
Lin joined Markel in 2018.
PhonePe launches insurance for Maha Kumbh Mela attendees
The plan is developed in collaboration with ICICI Lombard General Insurance.
India’s life insurance sector bound for 6.9% annual growth: Swiss Re
Total premium volumes predicted to increase by an average of 7.3%.
Gallagher Re names new chief claims officer
He has more than 20 years of experience.
Philippine Deposit Insurance remits $2b to fund gov’t projects
The Deposit Insurance Fund is kept within the target level established by the board.
South China Insurance maintained stability, robust capital in 2024
Its adjusted capital and surplus rose by 23% to $277m.
FM Global stresses insurance readiness amidst extreme weather in Asia
La Niña could emerge weakly in late 2024 and early 2025.
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