News
S&P cites ongoing group backing for Sing Re’s stability
S&P cites ongoing group backing for Sing Re’s stability
The agency noted that the guarantee only applies to reinsurance obligations.
IndiaFirst Life signs bancassurance deal with DNS Bank
This is DNS Bank’s third major tie-up in the life insurance segment.
Mitsui Sumitomo Insurance takes 12.5% stake in W. R. Berkley
MSI expects to complete its full investment in the first quarter of 2026.
Aon taps 40-year market veteran for ReSpecialty property team
He will report to Dustin Fabbian, senior broker of Aon’s property leadership team.
Uninsured subcontractor error exposes limits of marine survey contracts
An architect supplied incorrect information to the marine surveyor.
Tata AIA funds beat benchmarks with strong five-year returns
Tata AIA’s assets under management rose 20.81% year-on-year.
Howden brokers Ping An–Dhipaya pact for Thailand EV cover
It also aims to help Chinese EV brands address key overseas challenges.
Swiss Re targets $4.5b group net income for 2026
It seeks an L&H Re net income of $1.7b next year.
Aon names Ben Jones as new COO for APAC
Jones is based in Singapore.
HDI Global names Peter Schraa as head of marine in Singapore
Schraa is tasked with further developing the insurer’s marine portfolio in the city.
Prudential unit files IPO to sell 9.91% stake
It has filed a Red Herring Prospectus for the IPO.
Robust capital enables AIA to absorb volatility amidst China expansion
AIA’s capital buffer is expected to remain strong through 2027.
Portfolio remediation helps Bao Minh restore underwriting margins
Despite facing underwriting losses in 2024, its overall earnings stayed positive.
Reinsurance strength helps CTPI HK absorb major fire losses
AM Best projects that CTPI HK’s capital position will remain solid.
Sollers says insurers to speed cloud adoption in 2026
Japan and parts of Europe are taking a more cautious approach in terms of adoption.
This week in insurance: Malaysia sees CEO shake-ups, AI set to reshape operations, HK underwriting hit by new losses
Meanwhile, demand for remote work in Singapore’s insurance sector increased 15.3%.
Swiss Re appoints Nicole Pieterse as next chief people officer
She has held senior HR roles across the financial services industry.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
