News
Pramerica Life Insurance expands ULIP fund as India midcap sector gains focus
Pramerica Life Insurance expands ULIP fund as India midcap sector gains focus
Product applies Quality and Momentum screening inside a diversified equity portfolio.
Singapore aviation insurance costs rise as Iran conflict escalates
Airspace closures and rerouting pressure regional hub operations linked to Europe-Asia routes.
Singapore shippers face policy cancellations as Iran conflict escalate
Hull and Machinery coverage faces cancellations with reinstatements costing more.
MS&AD cost cuts support long-term profitability: Morningstar
Forecasts show premiums increasing from $29.9b in 2024 to $32.4b in 2025.
Aon appoints Attard global head of reinsurance analytics
His focus will be the development of tools to help insurers manage market volatility.
Hong Kong finance regulators push AI to police AI risks
The programme builds on the Gen AI Sandbox launched in 2024.
CGRE launches aviation insurance and reinsurance practice
The aviation offering will deliver customised insurance, reinsurance and risk management.
This week in insurance: Miller expands with Dubai deal, Liberty names Hong Kong CEO, Zurich launches $5b fundraise for Beazley bid.
Sun Life Philippines also opened three New Business Offices.
Swiss Re taps Tamas Bown to run Asia-Pacific L&H Re unit
Bown returns to the region after leading the UK and Ireland unit that later added ME and Africa.
Pru Life UK Cebu move packs 1,000 workers into 12,130 sq ft
The build follows the earlier BGC Manila opening, with multiple work settings for branch leaders.
AM Best says Zurich $11b Beazley deal impact manageable
The acquisition financing includes existing cash new debt and an equity placing.
Markel appoints Ravi Jain to expand India distribution
Mumbai-based hire will report to managing director Deepika Mathur.
Financial institutions drive 2,000 M&A deals amidst tech pressure
But hidden liabilities could emerge after transactions close.
Hong Kong regulator fines three brokers $55,770 over AML breaches
Compliance gaps revealed weak controls for identifying politically exposed clients.
Great Eastern rolls out private platform as OCBC group access widens
It combines tailored coverage with a selected panel spanning trust health and international tax support.
Sompo lifts earnings target to $3.1b amidst improved auto and fire business
Profitability is expected to improve further in the domestic non-life insurance segment.
China issues 20 sci-tech insurance measures to back innovation risk
Policy framework encourages simpler financial protection tools.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
