News
Stricter capital requirements to put pressure on Eka Lloyd: Fitch Ratings
Stricter capital requirements to put pressure on Eka Lloyd: Fitch Ratings
The insurer would need to raise capital to meet the government’s $15m requirement.
Aon veteran to head commercial risk in Asia-Pacific
He will report to Joe Peiser, global CEO of Commercial Risk Solutions.
Markel’s FY 2024 net income leaps to $2.8b
EPS stood at $199.32.
SCOR unveils global head of casualty, EIL
He replaces Daniel Carerras, who became Chief Underwriting Officer.
Howden’s insurance segment bags 14% organic growth in FY 2024
New talent also contributed 30% of the organic revenue growth.
4 in 5 S’poreans prioritise financial control as economic sentiment looms
Inflation and cost of living remain the top economic concern for Singaporeans.
Lippo General Insurance launches telematics app for safe driving
The app analyses real-time driving data and offers a reward system.
Aon reels in new head of Taiwan
She joined Aon back in 2014.
WTW posts $88m loss in FY 2024
Revenues for the year increased 5% YoY.
Insurance-linked securities market grows 10.5%, nears $50b notional value
The market benefited from strong issuance activity.
Everest Re FY 2024 net income shrinks to $1.4b
Although, gross written premiums climbed 9.1% YoY.
Commercial insurance rates dip 3% in Q4 2024
Financial and professional lines declined the fastest at 9%.
Allianz Partners unveils new managing director for greater SEA
He will succeed Steve Watkins, who retires after over two decades.
KoverNow gets greenlight from HKIA, launches app
It offers coverage for luxury goods and collectibles.
FWD Philippines boosts presence in Cebu
It now has 17 business hubs nationwide.
APAC insurers wary of geopolitical instability in next two years
Cyber threats, on the other hand, are a moderate to severe risk.
PT Asuransi's capital strength to stay strong into medium-term
AM Best views TUGU’s investment portfolio to be of moderate risk.
Commentary
AI isn’t replacing insurance, it’s finally making it work