News

Lexasure, AgriG8 team up to offer insurance to Indonesian farmers

The partnership aims to financially guide rice farmers in Indonesia.

Singapore’s property insurance to earn S$1.1b in 2023

On a year-on-year basis, its gross written premiums would grow by 7.6%.

Canopius launches digital asset custody product in Lloyd's Asia platform

It offers to cover up to $130m for eligible custody solutions.

Singapore’s Aspen names new head

The industry veteran has had expertise in the field for 23 years.

MAS issues 8-year ban to former AIG, Liberty insurance agent

Yeo Siew Liang James was convicted of 18 counts of corruption in 2021.

Insurance industry lost NZ$1.93b to Cyclone Gabrielle: study

The cyclone, which hit last February, is estimated to cost NZ$1.93b.

Tokio Marine international net premiums segment jumps 29.8% in 2022

The insurer expects net income to grow 9% for the year.

Fubon Insurance records net loss for first quarter 2023

Insurance premiums increased during the period.

China CITIC Bank, FWD Macau establish bancassurance partnership in Macau

This is their first bancassurance collaboration in Macau.

Generali Vietnam names acting CEO

The acting CEO will take over the recently resigned CEO Tina Nguyen.

Philippine HMO performance down in 2022

Eight licensed HMO firms recorded a net loss.

Asia’s life business to grow 7.5% in 10 years: Allianz

The region is expected to be a major growth driver in the industry.

Fortitude Re inaugurates Tokyo Representative Office

It also announced the appointment of its Tokyo Chief Representative.

Aon opens climate innovation hub in Singapore

The climate hub will be housed in the Aon Centre for Innovation and Analytics.

Australia’s Mavco Insurance gets acquired by Gallagher

Gallagher Australia’s offices will absorb Mavco’s employees.