Frances Gagua
FWD Hong Kong’s new business APE up 53% in 9M 2024
FWD Hong Kong’s new business APE up 53% in 9M 2024
All of its sales channels saw double-digit growth.
StanChart, Prudential Singapore’s bancassurance partnership hit 25
This is the longest on record in Singapore.
Thai Reinsurance to ride A&H losses with property, motor growth
Underwriting performance in 2025 should be stable.
Vietnam amends health, social insurance guidelines
Authorities have revised regulations on medical examination and treatment.
Sri Lanka’s insurance regulator names new board chairman
Dr. Ajith Raveendra De Mel is a senior lecturer at the University of Rahuna.
Security Bank, FWD Philippines extend strategic partnership
The Philippines’ rising income per capita represents opportunities for expansion.
RACQ Bank’s insurance arm sale heralds' step towards revenue stability: report
Revenue from its insurance business has been volatile, according to Moody’s Ratings.
Malaysia orders insurers, takaful firms to review repricing strategies amidst concerns
Firms are asked to offer options to impacted policyholders.
Nan Shan Life to maintain improved capital and earnings through 2026
Its product range is now comparable to major players in Taiwan’s life sector.
Hang Seng Insurance to benefit from parental ties
It is expected to penetrate its parent’s client base further.
APAC reinsurers poised for growth on the back of sustained demand
Easing premium rates and organic demand will drive growth, said S&P.
Double-digit premium growth lifts AIA to record value of new business in Q3
VONB is $1.16b in Q3, a 16% increase compared to Q2 2024.
Allianz Trade launches sustainability product Surety Green2Green
It insures sustainability-related projects, and premiums received are invested in certified green bonds.
Trust Bank, Income Insurance rolls out new travel insurance
It offers coverage for unused entertainment tickets, and shopping and baggage coverage.
WTW debuts new insurance brokerage service in Japan
They will offer insurance solutions to commercial clients as well as reinsurance services.
Prudential appoints Patrick van Heerde as chief partnership distribution officer
He was formerly the APAC head of partnerships for HSBC Life.
Ageing population to drive insurance take-up in South Korea
For 2025, $167.1b in direct written premiums are expected to be amassed by insurers.
Commentary
AI isn’t replacing insurance, it’s finally making it work