Olivia Tirona
Risk professionals and strong financials are needed for reinsurance volatility
Risk professionals and strong financials are needed for reinsurance volatility
Risks in the reinsurance market are evolving, forcing the industry to innovate and leverage technology.
Allianz unveils net-zero transition plan
Allianz has already surpassed its 2025 GHG emission reduction target.
Critical illness protection gap shrinks whilst mortality coverage stays the same: Study
Despite the gaps recorded, the industry has performed better in 2022 than in 2017.
Manulife unveils new global head of gov’t relations
Her appointment will be effective on 16 October.
Boosting non-life insurance profitability to strengthen ‘vital role’ as a financial safety net: Swiss Re
An ongoing imbalance in the demand and supply of non-life insurance is predicted.
Sompo Japan’s Chief steps down amdist Bigmotor misconduct
The date for his last day is yet to be determined.
Howden acquires Insurance Underwriters (NZ)
The acquisition targets to expand IUNZ’s reach.
South Korea’s life insurance industry to exceed $190b by 2027: GlobalData
One of the driving factors is South Korea’s shrinking ageing population.
Global reinsurance to breath above waters, life sector will see greener grass: S&P Global Ratings
Favourable reinsurance pricing, especially in short-tail lines, is expected to continue.
QBE Insurance selects Peter Burton as chief underwriting officer
He has over 15 years of experience with QBE.
Australia’s health insurance doubles in first semester – APRA
Investment income rebounded year-on-year, driving overall earnings growth.
Chubb names two new division heads
They will both report to Hng Keng Yoong, Chubb’s Singapore president.
Global reinsurance environment grows 13% YoY in H1 – Gallagher Re
This was attributed to strong investment activity and good underwriting results.
Australia’s general insurance earnings jumps eightfold in June
It accumulated AUS$4.6b.
Great Eastern bridges sustainability and insurance through portfolio integration
The Singaporean insurer emphasised the role that sustainability compliance plays amongst insurers even as green investments face a supply-demand issue.
Korean insurers are likely to keep fidgeting business mix amidst K-ICS implementation
K-ICS ratio without applying transitional measures stood at 192.7% at the end of the first quarter of 2023.
Sun Life Hong Kong gets green light to adopt risk-based capital regulation
Implementation of the new solvency capital basis took effect last 30 June.
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AI isn’t replacing insurance, it’s finally making it work