APAC
Swiss Re realigns business units after Ojeisekhoba’s departure
Ivan Gonzalez will soon be CEO of Corporate Solutions.
Swiss Re realigns business units after Ojeisekhoba’s departure
Ivan Gonzalez will soon be CEO of Corporate Solutions.
Zurich Insurance P&C revenue up 12% in Q1’24
Farmers Management Services (FMS) achieved a 6% growth.
Swiss Re posts $1.1b net income in Q1’24
Insurance revenue reached $11.5b.
Claims management key to insurance profitability – KPMG
Traditional claims functions must now evolve to incorporate advanced technologies.
MS Reinsurance boosts board of directors with new appointments
Fukuda and Ellenbürger’s roles are effective 24 April.
Allianz Q1’24 profit sees 6.8% YoY jump
The growth was driven by its P&C segment.
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
Is ‘Londonisation’ good for Asia’s M&A insurance market?
Industry experts dissect the region’s low usage rates for M&A insurance despite more industry players entering the field.
Global trade risks prompt exporters to consider insurance
45% of Chinese exporters are expecting their turnover to grow this year.
Insurance loyalty rises despite market challenges – Bain & Co.
Consumers increasingly value insurers excelling in ethics, legacy protection, and anxiety reduction.
Finance, banking sectors show the most interest in pension plans
About 142 IPPs and ISPs were established over the last five years.
Generali China deal tops Q1’24 APAC transactions
Generali agreed to buy a 51% stake in Generali China Insurance.
Insurance revenue climbs 5.5% YoY in Munich Re's Q1’24
Man-made major losses rose to $451m, the largest being the bridge collapse in Baltimore.
Travel insurance market set to reach $106.8b by 2032
The region showed the fastest-growing CAGR.
QBE reports 2% YoY growth in Q1’24’s GWP
Premiums declined by 2% in constant currency.
Sun Life's Asia business reports $177m for Q1'24 net income
The region’s sales, however, showed mixed results.
Global M&A rebounds, APAC outshines peers
WTW said this trend was mainly seen in the W&I insurance market.
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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.
