Insurance
Steadfast Group bags 17th spot in AM Best’s list
The broker was first of three newcomers in the ranking.
Sompo appoints new consumer lines leader for APAC
He has an 18-year experience in the industry.
APAC leads in automotive usage-based insurance market growth
The global market, valued at $58b in 2023, is set to expand to $249b by 2032.
IndiaFirst Life appoints new leaders for expansion
Both are president & chief distribution officer for two different divisions.
Chubb reels in new APAC lead, other leadership
He will be relocating from Miami to Singapore.
Zhonglu Insurance holds strong solvency, faces growth risks
Whilst net earnings improved to $1.7m, sustainability is uncertain amidst non-motor expansion.
High costs, limited insurance coverage impede medical freedom in HK
Residents need $6.7m to achieve medical freedom.
Insurance software market to climb 7.8% CAGR by 2028
Australia’s heightened rules pose challenges to insurer requirements.
Crop insurance dwindles in FY 2024, top 4 insurance cut exposure
Gross direct premium underwritten by insurers fell 4.2%.
Australia outlines financial advice and insurance cost recover
Investigated unlicensed activity costs are fairly recovered from relevant sub-sectors.
Toa Reinsurance grows net income by sixfold in FY 2023
Its net written premiums, on the other hand, dwindled 12.5%.
+8 Partners welcomes new advisor for financial strategy
He brings over 20 years of int’l and corporate finance experience.
China Pacific Insurance subsidiary, AMINA integrate finance with crypto
It aims to integrate investment advisory and banking services.
Gallagher, Tohoku University boost tsunami risk research
The 2011 Tohoku quake and tsunami caused $100b in economic damage.
Aon Indonesia unveils new president director of reinsurance business
She has over 12 years in reinsurance strategy optimisation.
Expert debunks misconceptions impacting cyber insurance investment
A Forrester report found that only a quarter of firms possess standalone policies.
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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.
