Insurance
Nat Re's business in position to capitalise from local gov't initiatives
Nat Re's underwriting portfolio is moderately diversified by geography.
Nat Re's business in position to capitalise from local gov't initiatives
Nat Re's underwriting portfolio is moderately diversified by geography.
Lack of marine-specific policies threat to communities – MIA
The Cyclone Reinsurance Pool is now at risk due to the current government's decision not to proceed with the inclusion.
Chubb plans 49% stake in Kotak General Insurance
Kotak General Insurance was deemed a favoured candidate compared to Zurich Insurance Group.
Tokio Marine Kiln tags Cindy Gunawan as Special Risks Underwriter APAC
Gunawan had previously worked at TMK in a similar capacity from 2016 to 2020.
Manulife HK unveils Bright Care PRO, first late-stage cancer treatment benefit
The plan also includes extra financial support for overseas or non-conventional late-stage cancer treatments.
UOI net profit up 70.2% in H1 due to favourable investment markets
United Overseas Investment Limited (UOI) posted $12.15m net profit.
ZhonAn Insurance’s Yaping Ou steps down as chairman
The board has elected Hai Yin as the new chairman.
Vietnam insurance premiums H1 earnings reach $4.93b
The period dipped 1.6%.
Allianz Global C&S, P&C unify under ‘Allianz Commercial’
Allianz Commercial will have 11 regions, bringing together the existing six regional units.
Badhan Financial to purchase Aegon Life Insurance
This move will mark BFHL's entry into the life insurance sector in India.
IFRS 17 impact on Pru’s business: CreditSights
Business strategy, distribution capability, and growth prospects remain unaffected.
Insurers need to reevaluate policies for EVs: Korean Re
Insured electronic vehicles accounted for 0.9% of total insured motor insurance policies in 2022.
Australian group insurance can cut costs by 50%: study
As super fund members aged, their annual premiums for group insurance decreased.
Marsh’s APAC business registers 8% underlying revenue growth in H1
On a year-on-year basis, it saw a 6% climb to $357m.
Chubb Head of Property Asia role lands on Adrian Habils
He will be responsible for Chubb’s property portfolio in Asia.
Lexasure engages in partnership for auto insurance
The partnership aims to service Singapore and Cambodia’s markets.
Less than half of global losses due to calamities insured
There were indications of a shift toward an El Niño-like pattern in Asia.
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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.
