Olivia Tirona
WTW taps new executive director of large accounts practice HK, Macau
WTW taps new executive director of large accounts practice HK, Macau
Ellen Fung will focus on elevating the Hong Kong market across various lines of WTW business.
India’s non-life segment finds footing: AM Best
It may still face challenges in underwriting, pricing, and high reinsurance costs.
Swiss Re aims for $3.6b in net income amidst IFRS shift
Its SST ratio is perceived to be unaffected by the shift to IFRS.
Vietnam nonlife to stay afloat amidst regulatory changes: AM Best
The non-life market experienced a 1.3% YoY growth in gross written premiums for H123.
Gallagher Re promotes Mark Hansen to COO role
He was previously COO of the North America segment.
China’s medical insurance funds reach $368b YTD: Report
Meanwhile, expenditures reached $320m.
Sun Life unveils new Chief Distribution Officer for Asia
Patrick Wei will be in charge of Asia’s distribution strategy, collaborating with distribution leaders across the region.
Zurich collaborates with APSN for adults with special needs training
It will provide vocational training opportunities for individuals with mild intellectual disabilities.
Global reinsurers must have a watchful eye: AM Best
Reinsurers must navigate a high inflationary environment.
China’s non-life outlook solid, thanks to motor segment: AM Best
China’s electric vehicle insurance has gained traction, driving motor insurance demand.
MS Amlin’s S’pore political risk team grows, treaty gets new hires
Nicole Tan has been promoted whilst Jinnan Tang and Sam Lim are new members of the team.
Aon bolsters Asian Transaction Solution team
Shunsuke Takechi will take on the role of associate director.
Singlife boosts digital capabilities through partnership
Its collaboration with Qlik aims to elevate customer service and deliver better digital financial services.
Nippon Life acquired a nursing care group: Report
The acquisition is worth $1.43b.
Foreign insurance brokers enter China market: Report
These are the first foreign-funded companies approved in the sector since 2018.
Global insurtech investments impress Q3 expectations: Gallagher Re
P&C insurtech investment mainly pushed the quarter’s growth.
APAC’s healthcare spending to surge 9.9% in 2023 – WTW Survey
The region’s 2023 prediction is smaller than the global average of 10.7%
Commentary
AI isn’t replacing insurance, it’s finally making it work