insurance
CTF Life earns SBTi approval for its carbon reduction targets
CTF Life earns SBTi approval for its carbon reduction targets
It targets to reduce absolute Scope 1 and 2 GHG emissions by 37.8% by 2029.
Vietnam’s life insurance sector slated for dip this 2025
This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024
This week in insurance: Singapore's insurance sector sees market growth
The general insurance sector’s gross written premiums climb 6.3% YoY to $8.1b.
Pru Life UK’s NBAPE bags $167m
Total premium income rose to $819.4m.
Kita boosts underwriting capacity with $24m for carbon risks
It expanded its product offerings to include four insurance policies in the past four years.
LIA Singapore appoints Wong as president with new 2025 goals
She succeeds Dennis Tan.
Maybank Ageas core insurance entities expected to remain stable
Fitch notes MAHB’s exposure to Malaysian sovereign investments, but manageable.
Energas Insurance faces performance pressure amidst rising claims frequency
Its underwriting performance improved in the first nine months of 2024.
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
Earnings before interest and taxes (EBIT) climbed to $758m.
Cigna Healthcare appoints new APAC CEO
He previously served as Chief Financial Officer for the Asia Pacific region.
Specialist Risk Group launches Asia operations with Singapore office
The company plans to apply its UK and Ireland business model to the region.
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.
Allianz Trade appoints new Korea country manager
He joined Allianz Trade in 2015.
Asian construction insurers impose tighter catastrophe limits
And underwriting decisions rely heavily on detailed risk assessments, mitigation strategies.
Australian firms expect financial crime surge in 2025
Only a fourth of firms admitted their programmes are adequately equipped.
KBFG China seen to keep consistent underwriting performance: AM Best
KBFG China’s operating performance is also expected to remain stable.
Chinese insurers may risk AI pitfalls with DeepSeek rollout
Insurers that fail to comply may face penalties.
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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