News
Hong Kong’s Insurance Authority hails amendment bill for risk-based capital
Preparatory work for the RBC regime will be followed by a public consultation.
Hong Kong’s Insurance Authority hails amendment bill for risk-based capital
Preparatory work for the RBC regime will be followed by a public consultation.
IAG subsidiary CGU Insurance inks partnership with ANZ
CGU will offer general insurance products to ANZ's retail banking customers.
Generali acquires Conning from Cathay Life
Impact on Generali's Solvency II ratio is expected to be minimal.
New Zealand's Veterinary Professional Insurance Society solvency to weaken: analyst
This is due to a significant increase in the regulatory solvency requirement.
Chubb Life NZ operating performance ‘adequate’: analyst
Chubb Life NZ faced challenges in its operating results in 2021 and 2022 due to interest rate hikes.
Hanwha General Insurance to weather interest rates, start-up woes: report
Hanwha General Insurance also showed a strong balance sheet performance.
AIA adds two new non-executive directors, Swee-Lian Teo resigns as chairman
Mari Elka Pangestu, Ong Chong Tee, and Chow Chung-Kong are to take on new roles.
Philippines’ general insurance sector to grow 11.6% in premiums: GlobalData
This is equivalent to P211.5b ($3.7b) gross written premiums.
Tokio Marine launches intelligence platform
Tokio Marine hopes to attract insurtechs for product development and innovation.
Ping An granted top 1% in ESG amongst Chinese firms: S&P
S&P Global debuts its China edition of the Global Sustainability Yearbook.
Fanhua appoints new co-chairman and CSO
Ben Lin has been appointed due to his extensive knowledge of the global insurance industry.
South Korea approves recovery plans of Korea Deposit Insurance Corporation
The plans of 10 D-SIFIs (2023) align with international standards and recommendations from the FSB.
Microsoft, Singlife push for AI adoption amongst insurers
Singlife is the first in its industry to collaborate with Microsoft for the programme in ASEAN.
Manulife Philippines names new CFO and CRO
President and CEO of Manulife Philippines emphasised the importance of appointing seasoned professionals.
Thai online insurance provider acquires FWD General Thailand
FWD General was previously acquired by Singapore-based bolttech.
China Life plans to boost services for mainland clients: report
Mainland customers drove new business premiums growth year-to-date.
Hong Kong’s insurance complaints rise 18.6% in 2022
About 359 cases were claim-related whilst 20 were non-claim related.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
