Insurance

Prudential names new CFO replacement after probing former in-charge

Ben Bulmer will be taking over James Turner as Chief Financial Officer.

Prudential names new CFO replacement after probing former in-charge

Ben Bulmer will be taking over James Turner as Chief Financial Officer.

Life insurance revenue down in Q1, claim payments up

The Indonesian life insurance market recorded 87.54 million individuals insured in the first quarter.

Virtual insurer surpasses HK$60b sales in four years

This made the virtual insurer top rank in direct sales channels in terms of policies sold.

Sun Life Hong Kong introduces eSunPro

The platform will be exclusive to Sun Life Hong Kong clients who can avail of assistance for treatments and recovery.

Allianz Malaysia records RM1.16b in revenue for Q1

This was driven by higher sales generated from its general and life insurance segment.

ZhongAn Insurance publishes white paper on generative AI application

It recorded notable advancements in adopting AI into the Chinese insurance industry.

APAC insurers can weather equity markets' decline: S&P

This assessment took into account the forecasted one-year earnings and lower capital charges.

ADVA introduces marine insurance to Asia markets

It aims to protect ship and cargo units against potential war and piracy risks.

Lexasure, AgriG8 team up to offer insurance to Indonesian farmers

The partnership aims to financially guide rice farmers in Indonesia.

Singapore’s property insurance to earn S$1.1b in 2023

On a year-on-year basis, its gross written premiums would grow by 7.6%.

Canopius launches digital asset custody product in Lloyd's Asia platform

It offers to cover up to $130m for eligible custody solutions.

Singapore’s Aspen names new head

The industry veteran has had expertise in the field for 23 years.

Insurance industry lost NZ$1.93b to Cyclone Gabrielle: study

The cyclone, which hit last February, is estimated to cost NZ$1.93b.

Tokio Marine international net premiums segment jumps 29.8% in 2022

The insurer expects net income to grow 9% for the year.

Fubon Insurance records net loss for first quarter 2023

Insurance premiums increased during the period.

Generali Vietnam names acting CEO

The acting CEO will take over the recently resigned CEO Tina Nguyen.