Insurance
HK’s total gross premiums dip 1% in the first nine months
Hong Kong’s long-term or life business experienced a contraction, whilst the general business witnessed growth.
HK’s total gross premiums dip 1% in the first nine months
Hong Kong’s long-term or life business experienced a contraction, whilst the general business witnessed growth.
How global issues impact reinsurance: Guy Carpenter
Repricing risks, using quality data, and seeking alternative solutions are fundamental steps for insurers.
Three threats that pose a challenge to insurance investors in 2024: Conning
Richard Sega, Global Chief Investment Strategist at Conning emphasised that effective risk management is key.
Marsh completes acquisition of Honan Insurance
Josh Roach will be the merged entity’s president in January.
Gallagher introduces new brokerage arm in Taiwan
CEO Brian Wang hopes to get opportunities in the manufacturing, agriculture, financial and technology sectors.
WTW taps new executive director of large accounts practice HK, Macau
Ellen Fung will focus on elevating the Hong Kong market across various lines of WTW business.
India’s non-life segment finds footing: AM Best
It may still face challenges in underwriting, pricing, and high reinsurance costs.
Swiss Re aims for $3.6b in net income amidst IFRS shift
Its SST ratio is perceived to be unaffected by the shift to IFRS.
Vietnam nonlife to stay afloat amidst regulatory changes: AM Best
The non-life market experienced a 1.3% YoY growth in gross written premiums for H123.
Gallagher Re promotes Mark Hansen to COO role
He was previously COO of the North America segment.
China’s medical insurance funds reach $368b YTD: Report
Meanwhile, expenditures reached $320m.
Effective digital strategy a key to bancassurance partnership
Innovative digital approaches and partnerships are key drivers for bancassurance growth and competitiveness in the Asia-Pacific market.
Sun Life unveils new Chief Distribution Officer for Asia
Patrick Wei will be in charge of Asia’s distribution strategy, collaborating with distribution leaders across the region.
Zurich collaborates with APSN for adults with special needs training
It will provide vocational training opportunities for individuals with mild intellectual disabilities.
Global reinsurers must have a watchful eye: AM Best
Reinsurers must navigate a high inflationary environment.
China’s non-life outlook solid, thanks to motor segment: AM Best
China’s electric vehicle insurance has gained traction, driving motor insurance demand.
MS Amlin’s S’pore political risk team grows, treaty gets new hires
Nicole Tan has been promoted whilst Jinnan Tang and Sam Lim are new members of the team.
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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.
