insurance
Global insured losses peak third highest since 1980
Global insured losses peak third highest since 1980
Not even half of the total losses were insured.
Insurance operations complicated by foreign investment decline
The decline is mainly due to geopolitical tensions, COVID-19, and Russia-Ukraine war.
Pru Life UK, AAIIBP boost Islamic finance
It also partnered with Al Amanah Islamic Investment Bank to promote Islamic finance.
IRDAI reforms focus on modernising insurance oversight
The Regulatory Sandbox framework has also been updated.
Hong Kong insurance premiums surge 12.2% in 9M 2024
The period already shows signs of a rebound from the 1.1% fall in 2023.
Crawford & Company appoints new loss director for Malaysia
His expertise spans handling losses valued between RM20m and RM100m.
Chartered Insurance, Metis renew partnership to advance HK professionals
In 2024, Metis sponsored the Certified Insurance Professionals Induction Course.
Markel names new Casualty Claims manager for Australia
He was with Chubb for more than 12 years.
Sunshine Life's bancassurance channel fuels profitability
Fitch anticipates the group will continue to prioritise equity investments.
Reinsurers focus on cybersecurity, pandemic risks
Roland Berger said reinsurers must continuously refine pricing, underwriting, and claims.
Capital adequacy ratio of S. Korean insurers increased end-September ‘24
When transitional measures were excluded, the ratio stood at 202.7%.
Gallagher names new principal officer in India
He joined the company in late 2023.
HKIA calls for cross-border collaboration amidst elderly protection gap
Clement Lau emphasised the role of the insurance sector in supporting the elderly.
Allianz reveals top business risks for 2025
Natural catastrophes held the third spot in Asia.
Gallagher Re names new chief claims officer
He has more than 20 years of experience.
Philippine Deposit Insurance remits $2b to fund gov’t projects
The Deposit Insurance Fund is kept within the target level established by the board.
South China Insurance maintained stability, robust capital in 2024
Its adjusted capital and surplus rose by 23% to $277m.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
