News
India imposes new tax exemption rule on policies amounting to more than INR500,00
This could negatively impact traditional insurance policies.
India imposes new tax exemption rule on policies amounting to more than INR500,00
This could negatively impact traditional insurance policies.
China’s insurers to take a hit from elevated risk in trust sector: Fitch Ratings
Risk could affect more financial entities if China's economic recovery slows down and the property sector's distress persists.
Aon announces new head of Greater China
Lu will oversee the integration of Aon's Risk Capital and Human Capital capabilities.
About nine in 10 elderly in India do not have health insurance plans
This is equivalent to 135 million elderly in India.
Budget Direct Insurance offers free motor insurance
The promotion can potentially give a reduced premium or a cost-free insurance plan.
Japan’s insurance claims reach Y23.9b end-July – GIAJ
Heavy rainfall at the beginning of the month was noted by the association.
Unrealised losses to fly by top 20 reinsurers: S&P Global
About 25% of the total unrealised losses will reverse by the end of the year.
BMS Group names Tim Hewitt as Head of Japan
Hewitt will oversee inbound-outbound M&A activities in Japan.
Korea P&I Club’s maritime relationships keep strong domestic presence – AM Best
Underwriting performance is also seen to improve in the next few years.
Australian insurers’ ‘cyclical’ profits often affected by uncontrollable entities – ICA
Rise in inflation and reinsurance costs are driving up expenses for insurers into 2023.
Marsh buys Honan Insurance
The acquisition also covers the 80% majority stake of TA Associates.
Pacific Life Re names Vasan Errakiah as Asia general manager
He will join the insurer’s Asia Executive Committee.
How to succeed in Singapore’s competitive insurance landscape
CEO Raymond Ong shares the recipe for Etiqa Insurance Singapore’s growth and innovation.
Chubb announces country president for Korea segment
Janice (Jae-Kyung) Mo will be succeeding Edward Kopp.
Nippon Life shows robust capitalisation, profitability faces pressure from forex: Moody’s
Nippon Life's economic capitalisation improved to 244%.
About six of 10 financial leaders expect revenue to jump 10% in three years
64% of consumers trust established banks for insurance purchases.
Hong Kong imposes six-month ban on Chan Ka Hey for fabrication
To deceive the insurer and his employing bank, Hey fabricated a new DDA form with a cut-out of the client’s signature, without consent.