News

Labuan Re cuts processing time and boosts system performance

The new platform cut batch job processing times by up to 80%. 

Marine specialist with 13 years’ experience takes Asia underwriting lead

Tjornelund reports to Shah, CEO of Wholesale Markets Asia, QBE.

Fujitsu launches Japan-tailored SAP Fioneer insurance platform

It covers core operations including product, policy, and claims management.

Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors

RHB said the product is designed for customers aged 40 to 70.

Clyde & Co names Patrick Peng to lead China corporate

Peng joins from the Hong Kong Insurance Authority.

Veteran with 20 years’ experience named Labuan IBFC CEO

His priorities include expanding engagement with regulators and industry players.

Chinese insurers expand digital solutions to customise coverage

Underwriting remains disciplined and selective as insurers prioritise achieving profitability. 

Insurers in Singapore show more anxiety to threats than global average: study

They are concerned with rising cybercrimes, AI risks, and macroeconomic uncertainty.

Manulife to sell MVI Life to Japan’s Asahi Life

Asahi Life, Japan’s second oldest life insurer, seeks to expand its presence in Vietnam.

AUB Group ends takeover talks as consortium withdraws offer

The consortium backed out of its A$45 per share binding proposal.

Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fire

It may trigger premium adjustments or stricter terms and conditions.

AIA China poised for double-digit new business growth through 2030

New geographies will be its core growth engines, says UOB Kay Hian.

Allianz Life elevates CFO Giulio Slavich to CEO

Incumbent CEO Charles Ong is retiring by the end of 2025.

Singlife, Lion Global Investors launch physical gold fund in Singapore

All gold holdings are insured and stored in vaults in the city.

Australian health insurers see record high hospital claims

A total of 453,259 high claims—or those higher than A$10,000— were paid out during the year.

Allianz may cut up to 1,800 jobs in travel insurance division: report

The job cuts will mainly affect call centres, a source said.