Olivia Tirona
Canopius bolsters APAC team with two Australian members
Canopius bolsters APAC team with two Australian members
The insurer aims to prioritise offerings in the Australian market.
Hotai Insurance to maintain strong capital stance until year-end
The prediction is due to the company’s improved balance sheet, attributable to its mitigation plan.
Korea’s foreigners face tighter insurance requirements: Report
Non-nationals will qualify for health insurance if their stay is at least six months.
MAS unveils list of too-big-to-fail insurers, imposes higher capital requirements
The four initial insurers are to face a 25% capital add-on, boosting higher and lower supervisory intervention levels, CET1 and Tier 1.
Allianz Commercial to gain new head of construction next year
Before Darren Smart takes his role in 2024, Gordon Browne will continue to oversee his segment.
FSC to revise measures for pet insurance in SK: Report
Lack of veterinary treatment and limited public awareness of pet insurance has been a factor in the small market penetration.
Miller assembles APAC treaty team
This comes in line with its goal of expanding its reach in the region.
NZ climate disaster payouts reach NZ$2b
It is estimated that NZ$3.5b claims will be rooted in Auckland floods and cyclone Gabrielle.
Two US entities and Fintech Blue Solutions to launch India-based insurer
It targets to sell life and retirement products to the Indian market.
Aon hires new associate director for transaction solutions
She will advise Aon’s clients on how to navigate emerging commercial risks.
ICA urges gov’t to reform insurance tax in future budgets, overall annual fund sufficient
New South Wales currently imposes the highest insurance taxes in Australia.
Hong Kong’s drainage system prevented a greater impact: Guy Carpenter
The 2008 rainstorm alone generated HK$237m incurred claims.
Nature’s wrath pushes insurers to reshape risk adaptability
Experts shared the reality of cost-efficiency whilst minimising the protection gap.
Chinese regulator takes over insurance company: Report
There is no reason indicated yet for the transfer.
Lower inflation rate moves Japan’s insurers to secure necessary reinsurance capacity in renewals
There has been a shortage of new capital entering the market due to rising interest rates.
AIG promotes Matthew Pereira to head of commercial property HK, Macau and Taiwan
He has been with AIG for over 12 years.
Insurtech Bowtie seals $35m series B2 round
It aims to narrow Hong Kong’s insurance gap with the new funding.
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AI isn’t replacing insurance, it’s finally making it work