News

ICA picks out seven catastrophe-related areas insurers need to improve on

Eight insurers’ action responses to the Cat 221 were analysed for the report.

ICA picks out seven catastrophe-related areas insurers need to improve on

Eight insurers’ action responses to the Cat 221 were analysed for the report.

HSBC Life reveals new leadership appointments

Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston.

Seven countries benefit from initial anticipatory action and disaster risk reduction programme

Its goal was to minimise the impact of disasters on individuals and communities. 

Zurich acquires 51% stake in Kotak Mahindra Bank's general insurance arm

The insurer said it plans to buy 19% more in the future.

APRA inserts AU$20m more in capital requirement to RAC Insurance

APRA saw significant weaknesses in RAC's outsourcing controls, conflict management, and board decision-making processes.

Health insurance amongst top five benefits S’poreans are looking for in jobs: Survey

Eight out of 10 companies are facing tough competition when hiring.

MSIG bolsters EV coverage in Singapore

Electric vehicle usage in Singapore surged 200% since 2021.

Allianz Trade APAC appoints new HK commercial director

Tricia Koh will oversee commercial activities in Hong Kong, Taiwan, and South Korea.

Ping An’s 9M23 profits register $12b

Retail customers reached almost 230 million, with a contract ratio of 2.99.

Sompo Int’l assigns new lead for crisis management, commercial P&C insurance

Chiew is based in Singapore and joins from AXA, where she was a senior underwriter.

Marsh plans of Japan joint venture with MST Insurance Service: Report

The venture plans to offer specialised corporate insurance recommendations.

HKFI approves of HKSAR policy address

The chief executive acknowledged the vital role of marine insurance in terms of maritime services.

Allianz Commercial appoints Jude Cross as Asia’s head of property

Cross has more than 20 years of experience in the industry.

Retirement income competency lags in Asian markets

Post-pandemic, retirees face new risks such as inflation and rising interest rates.