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.
Vietnam insurance premiums H1 earnings reach $4.93b
The period dipped 1.6%.
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.
Marsh’s APAC business registers 8% underlying revenue growth in H1
On a year-on-year basis, it saw a 6% climb to $357m.
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.
Australia unveils new standards for banks, insurers’ operational risk management
The new standard will take effect on 1 July 2025.
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.