APAC
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.
APAC insurers can weather equity markets' decline: S&P
This assessment took into account the forecasted one-year earnings and lower capital charges.
Canopius launches digital asset custody product in Lloyd's Asia platform
It offers to cover up to $130m for eligible custody solutions.
Customised offerings and AI solutions drive growth and customer satisfaction, Deloitte executive stresses
Deloitte executive Lim Siang Thnia highlights the opportunities that insurers can get from new technologies such as generative AI and the metaverse.
Asia’s life business to grow 7.5% in 10 years: Allianz
The region is expected to be a major growth driver in the industry.
AXA's gross premiums up 1% in Q1; life, health premiums fall
Its growth was driven by the property and casualty segment of the insurance firm.
Prudential’s first-quarter APE up 35%
Sales in its bancassurance business fell 4%.
Allianz APAC and INSEAD collaborate for Life and Health program
The training will be offered to licensed Life and Health business professionals.
2023 a mixed bag for Asian insurers: S&P
S&P also warns Asia insurers to be cautious of the effects of geopolitical risks
Canopius names two heads to boost P&C reinsurance services in APAC
They will lead the expansion of Canopius’ local reinsurance offering.
Asia’s economic loss due to natural catastrophes reached $5.39b: Gallagher Re
This was 7% of the estimated total economic loss of US$77b, globally.
HSBC says split bank would result in ‘erosion of earnings’
The bank responded to the strong statement regarding a break-up plan by Ping An.
Allianz Trade expands excess of loss team in APAC
The company expects businesses to demand more support and protection in 2023.
AIA Group appoints ex-IHH Healthcare CEO as group chief healthcare officer
Kevin Loh was the managing director and CEO of IHH Healthcare Berhad.
P&C insurance must close protection gaps or risk becoming irrelevant: McKinsey & Company
P&Cs in the Asia Pacific stand at only 0.5% of real GDP or half of the global penetration ratio.
Reinsurer Canopius picks David Hoffman as Marine Underwriter
This is in line with the firm’s continued APAC expansion.
Chubb expands marine insurance in the Philippines, Malaysia
Jeanette Cebeda and Owen Poh have been named heads for both markets, respectively.
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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.
