News
January renewals show upbeat market, capital to rise
Last year was profitable for reinsurers with returns almost reaching 20%.
January renewals show upbeat market, capital to rise
Last year was profitable for reinsurers with returns almost reaching 20%.
Canopius appoints new underwriter, adds to APAC team
Robert Barnum will lead the expansion of Canopius' operation in the region
Korea bound for greener pastures in 2024, 2.6% growth projection
Non-life market to beat life sector in premium volume.
HDI Global gets new SG branch managing director
Alex Tarantino will take the role of managing director for the SG office, whilst Andrew Cochrane will take over his current role.
Sun Life HK partners with university to bolster finance skills
It aims to boost the skills of professionals in wealth management, insurance, and financial planning.
Miller welcomes new head of reinsurance and capital
Amidst the company’s expansion, Shaun Sinniah will spearhead new approaches and strategic advisory.
Malaysian businesses most concerned about interruption from increased storms and floods: Allianz
The Allianz Risk Barometer 2024 revealed that risks of cyber attacks, natural calamities, and fires are the top concerns of Malaysian businesses.
Tokio Marine sells stake in Arabian insurance
Tokio Marine will sell about 6% of its shares to Alinma Bank.
India set for expansion in 2023, premiums to swell in the next 10 years
Despite an upward forecast, the sector still faces an average of $8b annual economic loss from natcat.
Bridge Specialty International acquires Singaporean insurance brokerage business
The transaction is expected to finish in the first quarter of 2024.
S’pore-based Igloo expands Weather Index Insurance coverage in Vietnam
The insurance will be integrated with Mobifone's agricultural application, MobiAgri.
Prudential unveils new CEO of Health business
Arjan Toor will replace Andrew Wong, and will begin his new role on 1 February.
South Korea’s insurers register better capital adequacy ratio Q3’23
FSS promises the industry to help maintain sufficient capital buffers amid volatile and uncertain financial market conditions.
Roojai acquires Indonesian insurer, Lifepal
The collaboration aims to enhance product offerings and both online and offline distribution channels.
China’s insurer’s financing needs skyrocket to $29.7b: Report
Stricter solvency rules imposed in 2021 led to a decline in solvency indicators under the new regulations.
LIAJ Chair shares three pillars the industry will focus on this 2024
The chair also hopes to improve the industry through changes in life insurance tax deductions and financial regulations.
APRA retires two Prudential Practice Guides
Current risk management expectations, including areas covered by GPG 250 and LPG 250, are already tackled in Prudential Standard CPS 220 Risk Management
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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.
