Insurance
Income Insurance shares enter private securities exchange through partnership
Digital securities exchange for alternative assets in Southeast Asia, Alta, has partnered with PhillipCapital to launch this new venture.
Income Insurance shares enter private securities exchange through partnership
Digital securities exchange for alternative assets in Southeast Asia, Alta, has partnered with PhillipCapital to launch this new venture.
Prudential partners with CIMB Thai for bancassurance venture
The partnership grants Prudential access to CIMB Thai’s customer base and branch network in Thailand.
IRDAI grants operating license to new insurer, breaks 5-year grap since last entrant
Notably, this is the fifth registration granted by the IRDAI across the industry in approximately the last year.
Korea's driver insurance booms, navigates regulatory challenges
CAGR from 2016 to 2022 reached 8.6%.
WTW reveals two new appointments in Singapore team
Ernest Heng has been appointed as the head of specialty whilst David Ng as head of client services in Singapore.
Janet Chin becomes Tune Protect Re’s CEO
She has more than 26 years of experience in the financial services industry.
IAG affirms catastrophe reinsurance programme
About 17,000 claims were filed in December alone.
Disinformation and misinformation are top risks in 2024 – WEF
Two-thirds of experts anticipate a multipolar or fragmented order in the next 10 years.
SG promotes proper culture and conduct amongst general insurers
The ICCSC hopes to ensure that general insurers maintain and improve professionality to grow customer’s trust.
Philippines introduces insurance programme for crucial gov’t assets
The programme will cover 132,862 school buildings nationwide, valued at over P800b.
Everest taps new lead for Global head of A&H
Glen Browne led various roles in the region.
AIA S’pore launches Ultimate Critical Cover, S’poreans feel ‘inadequately protected’
A study was conducted which showed that respondents consider a median payout of $100,000 sufficient, short of the recommended $300,000 by LIA.
QBE Lenders' Mortgage Insurance shows promising stance in Australia market – S&P Global Ratings
QBELMI is expected to maintain its prominent position in the lenders' mortgage insurance market in Australia
Japan earthquake could reach $1.8b insured losses – Verisk
The estimate focuses on insured property losses.
Alfred Sham becomes interim CEO of Howden, new appointments in financial lines and M&A
Charles Yim and Hui Ling Wong joined as Associate Director, Financial Lines and Regional Director, M&A, respectively.
Prudential Hong Kong is ‘core’ subsidiary in next 2 years – S&P Global Ratings
The Hong Kong subsidiary is seen to contribute 15% to 20% CAGR to the parent company.
Allianz Malaysia registers record-high dividend payout
ICPS also reached its highest total dividend of 120.6 sen.
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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.
