Insurance
Steady outlook seen for Thai Reinsurance Public: Fitch Ratings
Growth is expected in the accident and health sectors.
HKIA announces new executive director
Two executive directors will be appointed soon to oversee long-term and general business.
Budget Direct Insurance eases GST burden, also adopts Singpass Mobile
E-vouchers with 9% GST savings will be offered when customers purchase a new car or motorcycle plan online.
Kita extends carbon insurance specialities in Singapore
It aims to offer carbon insurance products that aid carbon projects, carbon credit buyers, and intermediaries in the market.
NorthStandard expands S. Korea presence, boosts regional network
It also plans to recruit local experts familiar with the Korean shipping market.
Allianz Life sees number of new agents grow 51.9% in 2023
Its market share expanded to 12.1% during the same year.
Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters
Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward.
38% of financial institutions attain full-stack observability
There is an urgent need for traditional FSI and insurance companies to digitally transform due to increased competition and consumer expectations for...
Fidelity International boosts APAC team with new appointment
Pierre-Emmanuel Brard has experience handling Asian markets such as China, Hong Kong, Japan, Korea, Malaysia, Singapore, Taiwan, and Thailand.
HNB General Insurance partners with tech company for management solution
It hopes to improve efficiency and accuracy through the Azentio ONEInsurance platform.
Pets are insured in QBE’s new home insurance for Macau residents
The plan extends to home contents and the personal effects of domestic helpers.
Berking Re sits with a stable outlook, pressure from market volatility seen: AM Best
The insurer’s governance and regulatory oversight are expected to adequately protect its capital and assets.
Union Assurance taps Senath Jayatilake as CEO
Judge Gomes was the previous CEO.
January renewals show upbeat market, capital to rise
Last year was profitable for reinsurers with returns almost reaching 20%.
Canopius appoints new underwriter, adds to APAC team
Robert Barnum will lead the expansion of Canopius' operation in the region
Korea bound for greener pastures in 2024, 2.6% growth projection
Non-life market to beat life sector in premium volume.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
