insurance

Allianz to sell 26% stake in Bajaj insurance units for $3b

The stake will be acquired by the Bajaj Group.

Marsh launches Cyber Echo Encore, boosting cyber insurance capacity

It also provides  up to $45m in additional cyber insurance capacity.

Philippines cracks down on unauthorised third-party insurance seller

The government said it will deploy undercover “mystery customers”.

Markel names new CEO of its primary underwriting businesses

He brings over 20 years of experience in specialty insurance.

Term insurance uptake by women in India rises to 18%

Salaried women make up nearly half of buyers.

Manulife Asia reveals new CEO

The group also unveiled a new CEO.

Ping An P&C, FAW Hongqi launch intelligent driving protection services

Ping An P&C developed the first full-scenario solution for intelligent driving.

India’s non-life insurance sector dips 2.82% in February

General insurers, the largest share, recorded a contraction.

Bowtie expands VHIS benefits with histotripsy at Gleneagles

The hospital is also “Asia's first private hospital to offer Histotripsy treatment”.

How financially prepared are Filipino women?

Over half of women are saving for their parents' current or future elderly care.

SINOSURE’s exposure to risky assets remains a concern, Fitch says

Capitalisation is expected to remain adequate to support underwriting expansion.

Gallagher Re launches index to track reinsurance pricing

It will report on pricing trends for Aggregate Excess of Loss reinsurance.  

Fidelity Life Assurance’s outlook remains stable, boosted by capital

AM Best expects the company to maintain adequate operating performance.

bolttech appoints new non-executive director

She brings over a decade of experience in private equity and technology investments.

Kyobo Life’s stable outlook holds despite mounting liabilities: Fitch Ratings

Fitch also expects Kyobo Life's capital adequacy to recover.