News

ZhonAn Insurance’s Yaping Ou steps down as chairman

The board has elected Hai Yin as the new chairman.

ZhonAn Insurance’s Yaping Ou steps down as chairman

The board has elected Hai Yin as the new chairman.

Allianz Global C&S, P&C unify under ‘Allianz Commercial’

Allianz Commercial will have 11 regions, bringing together the existing six regional units.

Badhan Financial to purchase Aegon Life Insurance

This move will mark BFHL's entry into the life insurance sector in India.

IFRS 17 impact on Pru’s business: CreditSights

Business strategy, distribution capability, and growth prospects remain unaffected.

Insurers need to reevaluate policies for EVs: Korean Re

Insured electronic vehicles accounted for 0.9% of total insured motor insurance policies in 2022.

Australian group insurance can cut costs by 50%: study

As super fund members aged, their annual premiums for group insurance decreased.

Chubb Head of Property Asia role lands on Adrian Habils

He will be responsible for Chubb’s property portfolio in Asia.

Lexasure engages in partnership for auto insurance

The partnership aims to service Singapore and Cambodia’s markets.

Less than half of global losses due to calamities insured

There were indications of a shift toward an El Niño-like pattern in Asia.

MAS imposes prohibition order against ex-Prudential rep for false invoices

Mengting submitted 11 false invoices to Prudential to aid her clients' accident injury claims.

Hong Kong Life unveils auto-fill function for online applications

Information on new customers applying for insurance is automated.

Ping An reveals impact of transition to IFRS 17

Ping An will continue to disclose several important financial metrics regarding the impact.

Tokio Marine Kiln determines new APAC cyber underwriter

Sam Bye will assume his position as cyber underwriter at TMK starting on 1 August.

Manulife HK to distribute QBE’s new fire insurance

This new venture streamlines the process homeowners go through.