Insurance
Marsh plans of Japan joint venture with MST Insurance Service: Report
The venture plans to offer specialised corporate insurance recommendations.
Marsh plans of Japan joint venture with MST Insurance Service: Report
The venture plans to offer specialised corporate insurance recommendations.
HKFI approves of HKSAR policy address
The chief executive acknowledged the vital role of marine insurance in terms of maritime services.
Allianz Commercial appoints Jude Cross as Asia’s head of property
Cross has more than 20 years of experience in the industry.
Retirement income competency lags in Asian markets
Post-pandemic, retirees face new risks such as inflation and rising interest rates.
China’s commercial endowment insurance services to expand to meet increasing demand
The programme will become a regular business operation.
Indonesia’s new regulation seen to boost takaful sector – Fitch Ratings
This is expected to strengthen the business profiles of takaful businesses and the sector.
Higher domestic rates could raise investment income of Japanese life insurers: AM Best
Japanese life insurers may face a higher debt burden when they need to refinance their existing debt.
China’s insurance sector sees steady Q3 growth in assets
It rose 10.8% to an estimated $4.12t.
Taiwan’s non-life operating performance ‘likely’ to stay afloat in 2023: AM Best
Recovery in the capital markets and reserve releases will support the industry’s performance.
Allianz Commercial warns increase in cyber claims, early detection could prevent $21m loss
Data exfiltration surged 80% in 2022 alone, versus the 40% in 2019.
Why emerging markets in the region are most vulnerable to insurance risks
Analysts have named five risks the insurance sector in Asia will have to navigate in the coming months.
Marsh builds global cyber practice, forms team
It will synergise all of Marsh’s capabilities around the world.
Munich Re’s preliminary net operating performance saw $1.3b, higher than expected
P&C business saw major dips, lower than expected.
OJK wants mandated insurance coverage for Indonesians: Report
Plans for vehicle insurance are in discussion.
CapitalSG acquires majority stake in a digital health and insurance company
As part of the investment, BIMA MILVIK's holding company has relocated from Sweden to Singapore.
Zurich inks underwriting agreement with RentCover
Current RentCover policyholders will see their policies underwritten by Zurich upon renewal.