Staff Reporter
Canopius launches digital asset custody product in Lloyd's Asia platform
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.
Customised offerings and AI solutions drive growth and customer satisfaction, Deloitte executive stresses
Deloitte executive Lim Siang Thnia highlights the opportunities that insurers can get from new technologies such as generative AI and the metaverse.
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.
India’s life insurance premiums down in April
The industry’s performance was dragged by the state-owned Life Insurance Corporation of India.
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.
QBE gross written premiums up 11% in Q1
The insurance firm expects to record a 10% growth for 2023.
Commentary
AI isn’t replacing insurance, it’s finally making it work