insurance

Kita boosts underwriting capacity with $24m for carbon risks

It expanded its product offerings to include four insurance policies in the past four years.
2 hours ago

Maybank Ageas core insurance entities expected to remain stable

Fitch notes MAHB’s exposure to Malaysian sovereign investments, but manageable.
1 day ago

Energas Insurance faces performance pressure amidst rising claims frequency

Its underwriting performance improved in the first nine months of 2024.
1 day ago

HDI Global revenue hits $11b milestone as EBIT rises 10% YoY

Earnings before interest and taxes (EBIT) climbed to $758m.
1 day ago

Cigna Healthcare appoints new APAC CEO

He previously served as Chief Financial Officer for the Asia Pacific region.
1 day ago

Specialist Risk Group launches Asia operations with Singapore office

The company plans to apply its UK and Ireland business model to the region.
1 day ago

Prudential Singapore launches Wealth Suite for high net worth clients

From 2023 to 2024, the insurer saw a 16% rise in its HNW customer base.
1 day ago

Allianz Trade appoints new Korea country manager

He joined Allianz Trade in 2015.
2 days ago

Asian construction insurers impose tighter catastrophe limits

And underwriting decisions rely heavily on detailed risk assessments, mitigation strategies. 
2 days ago

Australian firms expect financial crime surge in 2025

Only a fourth of firms admitted their programmes are adequately equipped.
2 days ago

KBFG China seen to keep consistent underwriting performance: AM Best

KBFG China’s operating performance is also expected to remain stable.
2 days ago

Chinese insurers may risk AI pitfalls with DeepSeek rollout

Insurers that fail to comply may face penalties.
2 days ago

Manulife unveils IUL product tied to S&P 500 returns

Over half of HNWIs said they prioritise customisable payout features
2 days ago

CTF Life launches outpatient insurance for GBA travel

The plan utilises the medical network of The GBA Healthcare Group.
2 days ago

Prudential adopts NFC tech for faster client onboarding

The e-KYC will be integrated into PRUSubmit.
2 days ago