News
Ping An remains world’s top insurance brand at $34b: Brand Finance
Ping An remains world’s top insurance brand at $34b: Brand Finance
India’s Life Insurance Corporation’s brand value rose by 36%.
Arthur J. Gallagher & Co. acquires Philinsure
Gordon Joseph and his team will continue to lead operations.
Kita expands carbon insurance coverage to Australia
The move boosts its presence in the region, it said.
APAC insurance M&A drops 25% as firms focus on organic growth
Globally, M&A activity hit a 16-year low in 2024.
53% of firms cite insurance exclusions as clean energy hurdle
They also plan to increase their investments in clean energy technologies by 34%.
Prudential Services India to expand, adding over 400 tech professionals
These professionals should specialise in data, AI and cyber security.
FWD’s first net profit under IFRS 17, records $24m in FY 2024
Operating profit after tax rose 29% year-on-year.
Philippine insurers to adopt IFRS 17 standard by 2027
But insurers may opt to begin adjusting their financial reports prior to the date.
Marsh Specialty welcomes new president
He has more than 35 years of service at Marsh.
Tata AIA’s new plan offers flexible financial security, wealth creation
It also ensures continued benefits if the policyholder passes away.
BMS CEO’s key to success is communication
Asking for support shows self-awareness and commitment to growth.
Canopius records 10% YoY growth in profits for FY 2024
Insurance contract written premium surged 28% YoY.
KoverNow, Aristo Watch partner for luxury timepieces coverage
The insurer also offers plans for jewellery and handbags.
HDI Global launches Climate Consulting to assess, manage climate risks
It provides location-specific analysis of both chronic and acute physical risks.
WTW’s platform connects brokers and insurers in real-time risk trading
Liberty Specialty Markets will be an early adopter.
Ping An, Collinson International ink deal for flight delay benefit
Customers are granted access to the lounge or a chosen benefit.
Singapore life annuity insurance market to grow by $603m by 2028
The attractiveness of fixed annuities has been a key driver.
Commentary
AI isn’t replacing insurance, it’s finally making it work