Djan Magbanua
Kyobo Life CEO awarded the 2023 Insurance Hall of Fame
Kyobo Life CEO awarded the 2023 Insurance Hall of Fame
Kyobo Life chairman and CEO Dr. Shin is the award’s first legacy inductee.
Australia life insurance full-year 2022 net profit falls 59.3%
Investment loss was the main driver of the decreased performance for the year.
APAC outperforms as global insurance M&A hit 10-year high in 2022
A slowdown in M&A deals in H2 offset some regions' performance.
Everest Re names Singapore chief executive
He currently holds the position of Head of Business Development in APAC.
South Korea reviews allowing insurers to conduct banking operations
A task force was formed to look into this.
Dai-ichi Life’s underwriting profitability to recover: Fitch
The ratings firm said that it also has ‘strong capitalisation’.
Ping An Bank Hong Kong branch granted insurance agency license
The bank will target its insurance offerings to high-net-worth individuals.
Property & Casualty drives AXA’s total sales revenues up 2% for FY2022
Underlying earnings per share increased by 12% compared to 2021.
Munich Re profits reach $3.62b in profit
The insurer beat its profit guidance of $3.3b.
CoverGo appoints new APAC managing director
The new director is based in Singapore.
FWD Group buys Gibraltar BSN stakes to enter Malaysia's life insurance market
The Hong Kong-based insurers now own 70% of the Malaysian life insurer.
Online selling platforms are new insurance intermediaries: report
The report aims to be a point of reference for government and industry discussion on insurtech.
Cathay Life Insurance unveils new health strategy for policyholders
The insurer is also embedding a new wellness program on its app.
InsuranceDekho clinches $150m in Series A funding round
It is considered the largest-ever Series A round by an Indian Insurtech company.
FM Global receives an insurance license in South Korea
The firm is also a licensed reinsurer in the country.
Thailand finance ministry to speed up COVID-19 payouts of dissolved insurers
The government said it plans to outsource part of the claim payments to private entities.
Singapore's new insurance premiums fall 5.2% in 2022
Rising interest rates and inflation dented demand for life insurance products.
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AI isn’t replacing insurance, it’s finally making it work