Insurance

Will Field returns to Chubb

He will be the head of Casualty in Asia starting first quarter of 2024.

Nine out of 10 HK, GBA policyholders trust their personal data with insurers: Survey

Personalisation, improved claims, and cost savings influenced their trust.

Australia’s calamities widen the gap in availing home insurance: Report

Since January 2020, insurers have dealt with approximately 788,000 claims due to natural disasters.

Surer collaborates with employment association for customer accessibility

The most purchased coverage plan is the Foreign Domestic Worker Insurance.

China Life Insurance (Overseas) to stay afloat in the next two years: S&P Global

Its growth-related capital needs and substantial holdings of high-risk assets may surpass earnings.

Philippines’ Insurance Council transitions HMO to receivership

The HMO had been under conservatorship since 18 January, due to its inability to meet the IC's requirements.

Chubb has appointed Serene Neo as head of A&H for APAC

She was most recently division head, consumer lines for Singapore.

More Korean insurers expanding overseas: FSS

Aggregate profits of Korean insurers saw a 34.9% surge in 2022.

Australia updates regulations for better transparency of remuneration practices

APRA will offer flexibility in disclosure timing, requiring annual disclosures within six months of an entity's financial year-end.

InsurTech funding down 34% in Q2: Gallagher Re

Seven APAC markets were included in the report, which received an estimated $359m in funding.

HSBC Life Insurance Planning Centre opens in Macau

This is HSBC’s first-ever insurance planning centre.

Indian life insurance industry to reach $170b in four years: Global Data

This will be bolstered by favourable regulatory policies and more.

Aon Greater China appoints new CEO

He has been with Aon for over seven years.

AIA Singapore unveils AIA Centurion PA, covers neurological diseases

AIA Personal Accident Insurance Survey revealed that dementia is a top concern among Singaporeans.

Insurance is key to protect Vietnam’s SME’s – WTW

Survey results showed only 18% are confident to take risks.