News
Taikang Insurance buys majority stake in ESR Warehouse Fund worth $288m
This marks ESR’s latest funding tie-up with a mainland insurer.
Taikang Insurance buys majority stake in ESR Warehouse Fund worth $288m
This marks ESR’s latest funding tie-up with a mainland insurer.
Transamerica Life Bermuda reveals new COO
Brian Chui will spearhead operations, which include new business, underwriting, customer service, and claims.
Japan’s public insurance to include treatment for obesity: Report
Despite concerns, Novo Nordisk claims Wegovy reduces the risk of major adverse cardiovascular events by 20%.
Malaysia’s general insurance industry climbs 7.3% YoY in 1H23
Underwriting profit saw a huge drop of 37.8% mainly due to motor and fire lines.
Philippines’ pension system joins forces with JICA
The partnership aims to enhance the protection of public properties and assets against disasters.
Tugu Reasuransi Indonesia to remain ‘stable’: Fitch Ratings
Tugure maintains a resilient capital position, exceeding the 120% regulatory requirement.
Genetic testing for life insurance to be reviewed: Australian treasury
Despite the possibility that insurers may require genetic test results, policyholders may file reports on discrimination.
QBE Insurance’s capitalisation and leverage as 'strong': Fitch Ratings
QBE's financial leverage ratio is also moderate.
Casper Kam joins AXA XL’s underwriting team
Previously, he worked with AIG and AXA General Insurance.
MSIG S’pore launches anti-scam fix
The initiative is set to commence integration next month.
China's top 8 insurers embrace self-regulation in motor insurance shift: Nomura
The agreement aims to adhere strictly to regulatory requirements.
AXA HK, Macau venture into cross-border healthcare service
It has partnered with UMP Healthcare Holdings to expand its reach to clinic services in China.
AIA Group releases climate action plan, target net-zero by 2050
It said it’s the first pan-Asian life and health insurer validated by the Science Based Targets Initiative (SBTi).
Allianz Malaysia sustains 11.3% YoY growth in Q3 revenue
Year-to-date (YTD), its total business volume amounted to RM3.63b.
India’s non-life insurance industry posts slower growth for October
Year-to-date, a double-digit growth is recorded driven by health and motor.
Only six out of 10 said they are ready to handle business risks: Aon survey
About three of 10 persons have been affected by last year’s top business risks.
Aspen Insurance rebounds YoY in Q323, net income at $86m
The insurer’s net income stood at $86m, a rebound from the previous year’s $161m loss.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Resource Center
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Jul
09
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
Co-Written / Partner
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
09
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Firewalls are never enough