APAC
9 out of 10 of insurers worried over climate risks
Insurers said this will have a significant impact on portfolio construction.
9 out of 10 of insurers worried over climate risks
Insurers said this will have a significant impact on portfolio construction.
Willis Towers Watson’s Clare Muhiudeen appointed head of Asia
Muhiudeen will be based in Hong Kong.
Evolving risks means more volatility for APAC reinsurers: report
An analyst warns that these could cause some of the data for pricing risk to become obsolete.
AXA revenue leaps by 7% to $87.76b
The insurer's Asia revenue grew by 8%.
Allianz Asia Pacific appoints new regional head
Former regional CEO Solmaz Altin has decided to leave the company after 13 years.
Manulife Q3 net income drops 23% to $1.59b
However, YoY results saw an increase of 18% compared to 2020.
Asia commercial insurance prices climbs by 6% in Q3
Meanwhile, global commercial insurance prices increased by 15%.
Sun Life appoints new president of Asia business
The financial veteran will be responsible for the health and wealth management businesses.
The ABC’s of embedded insurance
A SOMPO executive discusses how this market is taking a slice of the insurance industry's $6.4t pie.
South Asia digital personal P&C premiums to hit $7.5b in five years
Digital personal P&C insurance penetration rate in the region is at 1%-2%.
Global insurer Chubb acquires Cigna’s APAC business for $5.75b
Cigna has operations in seven markets in Asia-Pacific.
Insurtech Cover Genius bags $72m in Series C round
Sompo Holdings Asia led the round with an investment of $50m.
Pankaj Banerjee joins Manulife as Chief Distribution Officer for Asia
He will also be a member of the company's Global Leadership Team.
Munich Re appoints new senior regional exec
Michaela Hannemann will be based in Singapore.
APAC fertile ground for reinsurance market: Hannover Re
The German reinsurer anticipates growth in the P&C and health reinsurance.
Non-life insurance premiums to surge to $7t by 2022: Swiss Re
General insurance premiums to rise to 10% above pre-COVID-19 levels in 2021.
Global cargo insurance premiums reached $17.2b in 2020
Outlook for 2021 however looks bleak.
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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.
