News
Mitsui Sumitomo, Aioi Nissay issue joint cat bonds
This issuance marks the 7th for Mitsui Sumitomo Insurance.
Mitsui Sumitomo, Aioi Nissay issue joint cat bonds
This issuance marks the 7th for Mitsui Sumitomo Insurance.
AXA launches new deferred annuity plan for retirement
Policyholders can withdraw guaranteed monthly annuity payments from age 50.
FWD Philippines, Moneymax partner for insurance access
The platform will include FWD’s offerings for critical illness, accidental death, and lifetime protection.
Markel expands into Australia with specialised coverages
The new professional indemnity products cover six professional areas.
Singapore’s insurance agent numbers wane, appeals fewer since 2015
Around 90% of these agents were Singapore citizens.
South Korea eyes more investments in trade insurance
South Korea's exports have shown strong performance since the beginning of 2024.
Singlife Philippines secures $10.7m for digital expansion
The capital injection will be used for platform enhancement, product innovation, and partnerships.
Reinsurers adopt risk-on strategy, boost capacity – Gallagher Re
Japanese catastrophe excess of loss programs showed consistent quoting.
Tokio Marine sets up desk in New York
The desk is dedicated for investors and shareholders.
Sompo appoints Kenneth Reilly as new APAC insurance CEO
Former CEO Daniel Neo will serve as senior strategic advisor until end-2024.
S&P forecasts slight increase in CCB's NPA ratio
The slow growth will be due to problematic property loans and higher loan ratios.
Nan Shan General Insurance seen to maintain asset mix to boost investment returns
A credit rating agency sees Nan Shan General Insurance Co., Ltd. to keep its asset mix while working on increasing investment returns.
LIAM re-elects Raymond Lew as president
Lew holds over 30 years of experience as chief executive officer and president of Sun Life Malaysia Assurance Berhad.
Sun Hung Kai Properties Insurance de-risking exposure improves bond credit quality – AM Best
The insurance company de-risked majority of its bonds in China in 2023.
AM Best affirms Hollard Insurance’s outlook as stable
The company’s strong financial flexibility is attributed to shareholder support, including capital injections and hybrid debt issuances.
HKIA and HKPF inks MOU on a joint framework for legal services
The agreement will ensure the insurance market’s reliability and security.
Insurers brace for record Baltimore bridge claims
The Singapore-flagged container ship Dali was initially bound for Sri Lanka.
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Insurers adopting digital tech eye double-digit growth.
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Critical illness coverage penetration challenges: Understanding Singaporean Struggles and Solutions
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