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MSIG, Bank of China and China Pacific ink bancassurance deal in Thailand
MSIG, Bank of China and China Pacific ink bancassurance deal in Thailand
It aims to leverage the $5.2b in new Chinese investments entering Thailand in 2024.
Allianz Trade taps Rodrigo Jimenez as APAC CEO
He will replace Paul Flanagan, who is retiring after 34 years.
FM unveils $1b membership credit for policyholders in 2025–2026
Policyholders with 10 to fewer than 15 years will receive 12.5%.
The adoption of GenAI is set to reshape the insurance value chain – Boston Consulting Group’s Paul Brenchley
He discussed how insurers can leverage GenAI, especially in building new O2O channels to stay competitive in a digital-first world.
Fine art insurance market set to reach $838.4b by 2034
APAC is seen as the fastest-growing region.
AXA Hong Kong launches endoscopy concierge for cross-border healthcare
The plan expands coverage beyond lung and breast cancer.
Earthquake insurance market projected to reach $13.6b by 2034
This represents a compound annual growth rate of 6.0%.
HSBC’s subsidiary approved as first captive insurer in Hong Kong
The government imposed a 50% tax concession for local captive insurers.
India’s mental health insurance claims rise 30% amidst growing awareness
Most claims were for mild to moderate conditions.
Talanx Group posts $683m Q1 net income
This marks a 4.9% year-on-year (YoY) increase.
Howden selects industry veteran Pommalee for Thailand client role
His focus will include delivering insurance and risk solutions.
Zurich calls for investment in disaster prevention strategies
Hurricanes, floods, and wildfires caused $2t in economic losses over the past decade.
MSIG Asia restructures leadership to boost digital, corporate strategy
Adrian Hill has been appointed Chief Digital & Consumer Officer.
Cyber gross written premiums could double to $30b globally
The top 10 reinsurers account for 87% of the global cyber GWP.
Peak Re issues $50m catastrophe bond with Black Kite Re
This marks Peak Re’s second catastrophe bond issued in Hong Kong.
Howden appoints new managing director, head of M&A for India
She has more than 20 years of experience.
Insurance Development Forum launches open tools for climate risk understanding
IDF RMSG has also published a series of Parametric Insurance Case Studies.
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