News
APAC’s biggest insurers show strong capitalisation: Fitch Ratings
They also meet the regulatory solvency and financial leverage criteria for high ratings.
APAC’s biggest insurers show strong capitalisation: Fitch Ratings
They also meet the regulatory solvency and financial leverage criteria for high ratings.
Softening of capacity constraints could bring an ‘orderly’ reinsurance renewals in 2024
Aon forecasts reinsurers to have a strong performance in 2023.
Sumitomo Life buys an additional stake in Singlife
The transaction is still subject to regulatory approval.
Allianz Partners and Doctor Anywhere collaborate for telehealth in SEA
It aims to provide telehealth services to Singapore, Malaysia, Thailand, and the Philippines.
Manulife HK ties with HEAL Medical for top medical services
This makes HEAL Medical as Manulife's inaugural medical centre within the GBA Medical Hub.
Singlife becomes co-seed investor of BlackRock’s ETF
The Climate Action ETF is valued at US$426m.
Home and auto insurance customer experience more flat in 2023: Forrester
There is a need for insurers to pivot or refresh their CX strategies to enhance competitiveness.
Super Typhoon Soala to dampen reinsurance renewals in Hong Kong
Effective risk management is expected to minimise insurance losses.
Six out of 10 Asians are financially aware, prioritising health and income security: Survey
Millennials are prioritising emergency savings more.
Tokio Marine reaches carbon neutrality for 10th year in a row
CO2 emissions removal was executed through mangrove trees.
Ashley Veasey gets Chief Information Technology Officer title at Prudential
He has lived and worked in various locations throughout the globe.
Only a smidge of the world’s insured economic losses belong to Asia
Global insured losses could surpass $400b, yearly.
India’s new business premium dips 18.5%
Its group single premium contraction offset individual premium growth.
APAC reinsurers’ capital stays robust, retro cost could drive underwriting volatility
Net premiums grew 8.1% year-over-year in 2022.
Guy Carpenter points out outliers to drive placement discussions before renewals
The industry is positioned for growth.
Chubb names new head of P&C for Thailand
He has been with Chubb for nearly 10 years.
Asian insurers’ AI-readiness dictates their competitive advantage
Experts reveal why insurers that adapted AI earlier are now realising bigger extra earnings or cost reductions.