insurance

FMG Insurance leads rural insurance in New Zealand: AM Best

Geographical diversification across New Zealand helps spread insured risks.

FMG Insurance leads rural insurance in New Zealand: AM Best

Geographical diversification across New Zealand helps spread insured risks.

Decline in credit insurance business affects Asuransi Asei Indonesia

The decline in the credit insurance segment in 2023 affected the insurer’s gross premiums written.

Changes in insurance regulations spark industry transformation in 2024

MSIG Asia CEO hails 2024 as a year of growth for insurers, but cautions on varying regulatory and socioeconomic impacts.

Aon makes appointments for regional and country heads

Tim Dwyer and Darren T. Oliver will be based in Singapore and Manila, respectively.

Allianz Insurance Lanka welcomes new CEO

Prashant Grover has over twenty years of experience in the financial services sector.

AIA HK, Macau CEO backs finance secretary's budget for financial sector

The insurer suggests tax deductions for insurance premiums to incentivise individuals to prioritise health protection.

Tokio Marine Holdings acknowledges improper conduct, implements reforms

A Group Audit Committee will be established to replace the Internal Control Committee, expanding its scope.

SHKPI's capital buffer expected to rise in extreme scenarios – S&P

The insurer’s modest capital size presents vulnerabilities, assessed S&P Global.

Allianz unveils on-the-go charging coverage for EVs

Emergency charging service rangers are also available in the Klang Valley.

Geneva Association calls for collaboration to address climate-related health risks

The report highlights the potential long-term consequences on health and life insurance as climate events become more severe and frequent.

Hospital treatment coverage reaches 44.9% of Australian population

Policies for both hospital and general treatment saw an increase.

HK pushes for ILS via regulatory regime, grants HK$100m for financial industry

The finance secretary also promises to transform into a global hub for supply chain management, thus ensuring coverage by an export credit insurance corporation.

Allianz Partners taps Jacob Fuest as chief markets officer

His role will focus on driving profitable growth across Allianz Partners' business units worldwide. 

Market Saturation and Competition: Obstacles in Singapore's Insurance Sector

There are five key challenges the Singaporean insurance landscape needs to address.

HSBC Life Hong Kong issues most expensive life insurance policy

The Hong Kong insurer has issued policies worth at least US$50m over the past year.

Asian economies at higher financial risk from climate hazard intensification, warns report

The Swiss Re Institute emphasised insurance’s role in risk mitigation.