APAC

Reinsurance likely to face ‘cyclical and structural change’ in 2024: Howden

In other aspects, supply has met the demand for insurance products – a shift from recent market volatility.

Reinsurance likely to face ‘cyclical and structural change’ in 2024: Howden

In other aspects, supply has met the demand for insurance products – a shift from recent market volatility.

Swiss Re upbeat about growth of insurance sector

As a cautionary note, an economist said fixed annuities face potential decline as higher Interest rates shift consumer preferences.

See you in 2024!

We’re taking a short break.

Make sure you don’t miss the 2024 Asian Banking & Finance Forum and Insurance Asia Forum in Ho Chi Minh

Learn innovative ideas that are shaping the future of the banking & finance and insurance industries, from the region’s top leaders and executives.

Zurich unveils new CFO, Quinn to step down

Claudia Cordioli will succeed George Quinn, the current Group CFO, who has chosen to step down after a decade of service. 

Insurance Asia Forum 2024 arrives in Bangkok in April

Unlock the future of insurance with transformative shifts driven by technology and data analytics in today's dynamic landscape.

Chubb selects new consumer lines lead for int’l general business

Federico Spagnoli will be responsible for Chubb's consumer lines across 51 countries and territories.

Sun Life welcomes new president for Asia segment

A search is underway to find Manjit Singh’s successor as Chief Financial Officer. 

Asian insurtech investments to recoil in 2024 – Clyde & Co.

Insurtechs offering genuinely innovative and unique solutions are likely to attract interest from capital providers.

Chubb’s balance sheet ‘strongest’ in its financials – AM Best

AM Best forecasts that earnings and cash flows from Chubb Limited's operating subsidiaries will continue to support risk-adjusted capitalization if the need arises. 

WTW boosts Asia's corporate risk and broking team

Rupert Roberts and Christine Lau are the two newly appointed leaders at WTW.

Sompo Int’l taps new head of claims, commercial insurance APAC

Pablo Diago will report to Paul O’Neill, President of Commercial Lines Insurance for APAC.

Malaysian Re assembles ASEAN RE pool to boost net zero efforts

It aims to lead the ASEAN (re)insurance industry in supporting ASEAN countries' efforts to achieve net-zero emission targets

Prudential to see robust financial status in 12-18 months: Moody’s

The top five markets contributing to IFRS operating profit were Hong Kong, Singapore, Vietnam, Malaysia, and mainland China.

Natural catastrophes drive insured losses to record levels in 2023 – Swiss Re

Insured losses in the year alone have surpassed $100b, driven by thunderstorms.

Arthur D. Little sees embedded finance growth to $350b in 2024

Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.

65% expect surge in insurance M&A in HK and S’pore for 2024: Survey

Diversified investments, consolidation, new tech, and emerging regulations drove this sentiment upward.