insurance
Asia sees rate reductions, Japan maintains firm pricing: Aon
Asia sees rate reductions, Japan maintains firm pricing: Aon
Underwriting remains disciplined across Asia, particularly in Japan.
Manulife Asia announces leadership overhaul
Phil Witherington will assume the role of President and CEO of Manulife on 9 May.
Taiwan insurers' earnings leap to $10.3b in December
The life insurance segment made up 92.4% of the total profits.
KB Insurance earnings up 9.1% to $6b in FY 2024
Thanks to higher revenues, which increased 3.8% YoY.
Insurance investors to boost allocations abroad this year
Majority of insurers concerned about demographic shifts and AI.
Zurich reveals flagship branch in Johor Bahru
It is located near routes like the Eastern Dispersal Link and Woodlands Checkpoint.
Insurers pivot to science-based cleantech risk modeling
This shift aims to address climate risks and capitalise on cleantech opportunities.
IFRS 17 raises financial statement clarity: Fitch
APAC insurers are reconsidering product offerings.
Allianz PNB cuts product rollout by 30% with new partnership
The insurer aims for customers to receive policies in five minutes.
Suncorp completes sale of Asteron Life to Resolution Life
Suncorp received $141.8m plus the estimated excess capital.
Premium finance market to grow 10% by 2032
The life insurance segment is expected to surpass $75b by 2032.
TONG YANG Life maintains stability amidst ownership change
Fitch notes that the transaction could impact business strategy.
Aon veteran to head commercial risk in Asia-Pacific
He will report to Joe Peiser, global CEO of Commercial Risk Solutions.
Markel’s FY 2024 net income leaps to $2.8b
EPS stood at $199.32.
Howden’s insurance segment bags 14% organic growth in FY 2024
New talent also contributed 30% of the organic revenue growth.
Aon reels in new head of Taiwan
She joined Aon back in 2014.
WTW posts $88m loss in FY 2024
Revenues for the year increased 5% YoY.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness