Insurance

Dai-ichi Life’s capital efficiency to improve – Moody’s

The insurer has shown a strong domestic market position.

Dai-ichi Life’s capital efficiency to improve – Moody’s

The insurer has shown a strong domestic market position.

AIA Singapore announces leadership appointments

The key appointments were Irma Hadikusuma, Melita Teo, and Peter Lee.

APAC’s insurance premiums to rise 2.3% in the next two years: Swiss Re

The region’s insurance premium growth is slightly higher than the world estimate of 2.2%.

MAA Group sells 85% stake in Philippine arm

MAA Group will exit the nonlife insurance business entirely.

Howden buys majority stake in HQ Insurance

This comes after its recent acquisition of Tyser’s bloodstock broking business.

S.K.’s insurance comparison in January 2024 could drive higher premiums

Higher premiums are forecasted for this service versus cyber marketing channels.

2020 General Insurance Code of Practice to be reviewed – ICA

The first phase will address general topics not directly related to the 2022 floods.

Elevated catastrophe costs put pressure on QBE’s earnings: Fitch Ratings

The recently completed transaction reinsured $1.9b of long-tail reserves reduced risk volatility. 

IRDAI issues regulations for insurers’ ease of doing business

It targets to move towards a principles-based regime.

New Zealand’s non-life market ‘stable’, good premium growth is anticipated: AM Best

Volatile weather conditions, tightening reinsurance capacity, and reinsurance rate increases may increase volatility.

Allianz Partners names CEO of Travel business

Anna Kofoed has 25 years of experience in the travel technology industry.

MAS reminds insurers about guidelines on fair practices for PWDs

MAS said efforts will be made to withdraw the reservation on Article 25(e) of the UN Convention on the Rights of Persons with Disabilities.

Only one in 10 S’porean platform workers think about retirement planning: Survey

The Singlife survey also showed that only 17% of the respondents feel financially free.

Hive Health acquires HPPI

The acquisition will entail HPPI’s to integrate with Hive Health’s technological capabilities.

FWD HK unveils new retirement plan for HKMC’s programme

This collaboration expands retirement solutions in the market.

Global trade credit insurance market reaches $14b in 2022 – ICISA

Trade credit insurance serves as a vital risk management tool for businesses.