Alec Maquiling
Brad Hearn named Prudential Financial's Japan CEO
Brad Hearn named Prudential Financial's Japan CEO
He has served as chief operating officer for Prudential’s Japan operations.
AXA launches new wealth management plan
The series offers premium terms of five or 10 years in up to nine different currencies.
FWD expands office space at Taikoo Place
Devon House will be renamed FWD Tower, effective 1 January 2026.
This week in insurance: HNW products debut in PH, SG, HK; UOI ups tech spend; Vietnam cuts UI costs for hiring disabled
An insurer also plans to increase its tech investments by 50%.
HK life insurance booms amidst regulatory reforms
There has been a surge in sales made by both banks and smaller insurers.
This week in insurance: Insurance M&A volume falls, HK insurance premiums hit $28.6b, Tokio Marine rebrands direct auto insurance unit
Global insurance carrier M&A activity dropped to its lowest level.
Etiqa Insurance relocates to Capital Square
The company said the move aims to enhance accessibility.
Singlife to support customers after Jetstar Asia closure
All claims will be assessed following applicable policy limits.
Income Insurance announces Chairman Ronald Ong's retirement
Ong has served on the Board since 2018, taking on the role of its chairman in 2019.
This week in insurance: SK non-life insurers face pressure, Dai-Ichi Life HD buys stake in M&G, Australia sues comparison site
In addition, Cambodia’s gross premiums rose by 6.6% YoY in April to $27.3m.
Transamerica Life Bermuda secures license to operate in Dubai
This will allow the company to support its distribution partners in the Middle East.
India’s insurance domestic investments grow 6.5% YoY in FY 2025
It was due to a slowdown in economic activity and vehicle sales.
Australia to redraft new insurance code of practice
Public consultation will take place in the first quarter of 2026
This week in insurance: Prudential’s new CEOs, PH push for private riders benefits, India lacks coverage awareness
In India, only a third of policyholders are aware of the coverage details of their health insurance plans.
Indonesians tend to delay travel insurance purchase
Four in 10 purchase coverage within zero to four days of departure.
This week in insurance: Singapore's insurance sector sees market growth
The general insurance sector’s gross written premiums climb 6.3% YoY to $8.1b.
This week in insurance: Malaysia offers premium freeze, M&A falls 25%, Manulife extends medical partnership
Cyber liability coverage is primarily targeting small-to-midsize enterprises.
Commentary
AI isn’t replacing insurance, it’s finally making it work