News
Everest builds Asia team with new S’pore CEO and a head of insurance
Swee Keong Mah will be the Singapore branch’s new CEO and will report to Tomi Latva-Kiskola, who has been appointed as head of Insurance Asia.
Everest builds Asia team with new S’pore CEO and a head of insurance
Swee Keong Mah will be the Singapore branch’s new CEO and will report to Tomi Latva-Kiskola, who has been appointed as head of Insurance Asia.
Tokio Marine forms new entity for disaster prevention and mitigation solutions
Tokio Marine Resilience will collaborate with Tokio Marine dR for core data functions and risk consulting services.
Mercer Asia appoints Robert Ronneberger as head of investment sales
He will expedite prospecting activities for Outsourced Chief Investment Officer (OCIO) services.
Vietnam joins ASEAN motor insurance system for seamless cross-border travel: Report
This will require motorists to register for a compulsory civil liability insurance plan.
Suncorp’s profits at risk, natural hazard costs and reinsurance expenses soar: Fitch Ratings
A modest decline in Suncorp's underwriting profitability is seen over the next 12 to 24 months.
$30m co-funding will meet tepid demand for financial counsellors – ICA
This should grant 9,000 more Australians access to financial counselling.
ICA commends New South Wales Gov’t for ESL reform
The abolition of the ESL on insurance is expected to result in a 15% lower average cost for home cover and around 23% lower for business cover.
bolttech collaborates with S.K.’s LOTTE HIMART for electronic goods exchange service
The service comes with an annual fee of $30.
Vietnam’s insurance sector is in rough waters, long-term growth on the horizon
Consumer confidence loss will persist for at least the next three years.
Dai-ichi Life’s capital efficiency to improve – Moody’s
The insurer has shown a strong domestic market position.
AIA Singapore announces leadership appointments
The key appointments were Irma Hadikusuma, Melita Teo, and Peter Lee.
APAC’s insurance premiums to rise 2.3% in the next two years: Swiss Re
The region’s insurance premium growth is slightly higher than the world estimate of 2.2%.
MAA Group sells 85% stake in Philippine arm
MAA Group will exit the nonlife insurance business entirely.
Howden buys majority stake in HQ Insurance
This comes after its recent acquisition of Tyser’s bloodstock broking business.
S.K.’s insurance comparison in January 2024 could drive higher premiums
Higher premiums are forecasted for this service versus cyber marketing channels.
2020 General Insurance Code of Practice to be reviewed – ICA
The first phase will address general topics not directly related to the 2022 floods.
Elevated catastrophe costs put pressure on QBE’s earnings: Fitch Ratings
The recently completed transaction reinsured $1.9b of long-tail reserves reduced risk volatility.
Most Read
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
Read Here
Advertise
Sign Up
Awards
Jul
09
Event News
Event News
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.
Videos
Partner Sites
Most Read
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
Commentary
Firewalls are never enough