Staff Reporter
Munich Re’s technical performance boosts market position
Munich Re’s technical performance boosts market position
The reinsurer reported a strong net income of $2.3b in Q1.
Geopolitical instability heightens need for robust ERM: WTW
60% of companies enhanced their processes to manage political risks.
Beazley reels new head of APAC
She joined the company back in 2007.
Delta Underwriting strengthens team with Lisa Leow
Her role is effective from 1 August.
HKIA and SFC probe Tahoe Life's investment dealings
HKIA appointed last week joint and several managers to take control of the insurer.
Cyber insurance can ‘avoid severe financial setbacks’ like CrowdStrike incident
A WTW director shares long-term solutions to incidents like CrowdStrike.
Hive Health secures $6.5m in Pre-Series A funding
It aims to expand healthcare access for SMEs in the Philippines.
Singapore insurers thrive under RBC 2 Regime
MAS had introduced the capital regime back in 2004.
State-insurer allocates P18.5b for emergency loans in calamity areas
Three in 17 regions were declared calamity areas by tropical storm Carina.
Taishan P&C’s efforts to improve underwriting boost
Increased investment in asset management products has slightly reduced liquidity.
AIA Malaysia victorious at Insurance Asia Awards with four accolades
The leading insurer has achieved greater outcomes with the integration of cutting-edge solutions and digital initiatives into its operations.
Insurance authority intervenes amidst Tahoe Life financial woes
Despite appointing advisors in 2023, the insurer failed to provide deliverables.
Aon’s net income dips 1% YoY in H1 2024
This was equivalent to $1.63b.
China Re to expand role in agri and catastrophe coverage
The group is also likely to continue its international expansion.
Zurich Australia becomes preferred insurer of Tesla
The CEO said there has been an uptick in EV demand.
MSI China’s capital buffers stay healthy in 2024
The insurer's Japanese-related business will continue to drive its underwriting profit.
Malaysian motor insurance set for 7.5% growth by 2028
The industry is seen to account for more than 45% of the general insurance sector.
Commentary
AI isn’t replacing insurance, it’s finally making it work