News

Allianz records higher profits in Q2

It was mainly driven by life/health and property-casualty business segments.

Allianz records higher profits in Q2

It was mainly driven by life/health and property-casualty business segments.

Qoala set on pioneering the future of Malaysian insurance

Discover how Qoala’s product aggregation, omni-channel approach and affordability reshape Malaysia’s insurance landscape to benefit all.

Micro-insurance protection jumps 22.5% in the Philippines – Q1 2023

Individuals covered also climbed 15.4% to 51.70 million.

Tokio Marine HCC acquires renewal rights for US insurer’s portfolio

Employees of the US insurers will transition to Tokio Marine HCC.

Manulife’s back in the black with C$1b net income in Q2

Core earnings per share is 6% higher at C$0.83, its latest financial results showed.

Oslo-based P&I insurer acquires Singapore’s EF Marine

The merged entity will operate under the Hydor brand, employing 34 individuals.

Will Field returns to Chubb

He will be the head of Casualty in Asia starting first quarter of 2024.

Nine out of 10 HK, GBA policyholders trust their personal data with insurers: Survey

Personalisation, improved claims, and cost savings influenced their trust.

Australia’s calamities widen the gap in availing home insurance: Report

Since January 2020, insurers have dealt with approximately 788,000 claims due to natural disasters.

Surer collaborates with employment association for customer accessibility

The most purchased coverage plan is the Foreign Domestic Worker Insurance.

China Life Insurance (Overseas) to stay afloat in the next two years: S&P Global

Its growth-related capital needs and substantial holdings of high-risk assets may surpass earnings.

Philippines’ Insurance Council transitions HMO to receivership

The HMO had been under conservatorship since 18 January, due to its inability to meet the IC's requirements.

MAS pledges S$150m to aid the financial sector

The scheme aims to back projects and maximise the use of technologies.

Chubb has appointed Serene Neo as head of A&H for APAC

She was most recently division head, consumer lines for Singapore.

More Korean insurers expanding overseas: FSS

Aggregate profits of Korean insurers saw a 34.9% surge in 2022.

Australia updates regulations for better transparency of remuneration practices

APRA will offer flexibility in disclosure timing, requiring annual disclosures within six months of an entity's financial year-end.