Frances Gagua

AIA names HSBC chairman Mark Tucker as next chairman and director

Tucker will step down from his HSBC role on 30 September 2025.

Financial conglomerates top Taiwan’s richest in 2025

Fubon Financial Holding’s and Cathay Financial Holdings’ leads are in the top 3.

Korea’s non-life insurers face capital pressure and slow auto segment growth

Regulatory changes are posing a burden on the insurers’ solvency.

Axa Hong Kong and Macau launch Max Goal II Insurance Plan

It promises a breakeven timeframe of 5 years.

Insurtech bolttech closes $147m series C funding round

Sumitomo Corp also entered into a JV with bolttech for embedded insurance.

Japan’s Dai-ichi Life may get $104m annual profit raise after M&G deal

Fitch anticipates minimal and manageable negative impact on Dai-ichi Life’s capital adequacy.

HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia

The plan offers a minimum sum assured of MYR1m and payment flexibility.

FWD Life Insurance is the Philippines' top life insurer in Q1 2025

Its new business annual premium equivalent rose 57% during the quarter.

Lloyd’s updates executive team, splits chief of markets functions

Rachel Turk and Caroline Sandeman-Allen are tasked with underwriting and oversight, respectively.

Australia sues insurance comparison site Choosi for alleged misleading claims

About 4,225 funeral insurance policies and 9,478 life insurance policies may be affected.

AIG names Celina Ennis as head of ANZ

Ennis will join from Allianz, where she worked for 4 years.

Lockton appoints Darryl Lee as head of ProExec

Lee joins from Aon, where he spent 8 years.

FuSure expected to maintain strong balance sheet as it expands business

It recently received a long-term reinsurance license authorisation from Hong Kong regulators.