Insurance
Bupa names Fiona Harris as new managing director in Hong Kong
She will begin her new role beginning 3 October.
Bupa names Fiona Harris as new managing director in Hong Kong
She will begin her new role beginning 3 October.
PH congressman proposes 2% tax collection on non-life premiums
Currently, only life insurance premiums are taxed in the country.
Hong Kong imposes changes to mortgage insurance plan
Previously, mortgage insurance was only for properties under construction with a property value of up to HK$6m.
Capital pressures linger as insurers adopt new accounting rule in South Korea
IFRS 17 adoption is seen to improve insight into margins and reserves, increase motivation for long-term profitability, and better global...
Lloyd’s of London and UNCDF extend arms to climate-vulnerable nations
The partnership will also aim to replicate this model in other regions, including Asia and parts of Africa.
Singlife’s rebranded investment platform allies with BlackRock to produce tri-offering
More investment solutions are to be expected in the coming months.
New framework catapults Singapore’s insurance sector resilience: S&P Global Ratings
Although the framework could raise operational costs, it will run some benefits.
Singlife inks deal with AIC, Homage for long-term care
Singapore is currently facing the challenge of rapid aging.
August’s weather turmoil caused claim payments to reach Y40b – GIAJ
This was driven by a rainy season front and Typhoon Mawar.
AIA recruits independent non-executive director
She has various experiences in the financial sector.
India sets open house for insurtechs, fintechs to collaborate
This will be held every 15th day of the month.
Generali GC&C boosts Asia team
The insurer has appointed two new heads.
S.K.’s FSC raises KRW73.8t in policy funds for venture capital in FIs
This exceeded the initial supply plan of 66.7% by August and achieved 80.4% of the annual target.
The Philippines’ life insurance sector climbs 9.6% YoY in Q2
This was driven by the surge recorded in premium collections from traditional life insurance products.
GIAJ’s Chairman shares major initiatives to address shortcomings in the industry
It emphasises preventative measures against fraudulent insurance claims and prove-fixing practices.
Philippines’ Nat Re’s underwriting performance seen to improve: AM Best
Nat Re's enterprise risk management approach is appropriate for its current size and complexity.
Korean Re’s 1H23 earnings surge to KRW269b
Korean Re started reporting quarterly results based on IFRS 17 and IFRS 9.
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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.
