News

bolttech unveils travel insurance through FWD

Cancellations for any reason is covered by the plan.

bolttech unveils travel insurance through FWD

Cancellations for any reason is covered by the plan.

Vietnam targets insurance evasion, partners with prosecution authorities

Social security offices have assessed damages caused by violations and calculated unpaid insurance premiums.

APRA issues supervision and policy priorities for 1H’24

There will be a focus on balancing financial sustainability with affordability and availability in the insurance sector

Resolution Re enters first flow reinsurance collaboration with Japanese insurer

It aims to increase capacity and better product competitiveness.

WTW reels in Royston Tan for head of health and benefits, APAC

Tan has 25 years worth of experience with employee benefits and life insurance operations.

Hexian Insurance Brokers joins Approved Supplier List

The insurer will be able to offer medical, accidental injury, and critical illness coverage for corporate employees.

Tyser boosts Asia, MEA presence with senior hires

Jayees Ibrahim and Elias Nohra has been added to its Dubai team to enhance operations in Asia, MEA nd Africa.

APAC’s insurance rates in Q4’23 flat, rises 2% globally

This is the 25th consecutive quarter composite rates climbed.

Malaysian Re's conservative investments bolster balance sheet

AM Best forecasts strong capitalization for Malaysian Reinsurance Berhad.

Younger generation more inclined to purchase life insurance

Oliver Wyman Hong Kong reveals growing consumer focus on health and critical illness coverage, with younger demographics showing increased concern.

Prudential HK makes new appointments in management

Liang Huijia and Cai Mingxiong began their terms last December.

PICC’s 4Q’23 earnings to rebound: UOBKayHian

Improvements in underwriting and reduced natural catastrophe losses contribute to the outlook.

ICA CEO addresses House Committee, acknowledges failures in 2022 flood response

Despite the efforts of insurers and their personnel working around the clock, some systems and processes fell short, the CEO admitted.

Australian group advocates for strict regulation on genetic test use

The Council of Australian Life Insurers calls for gov’t regulation.

Fusion forms partnerships with Antares, Beazley, Everest for SME business

Fusion’s standalone directors and officers (D&O) liability insurance will benefit from the collaboration.

Fubon Insurance gets boost from parent: AM Best

Both Fubon Insurance and the group’s Vietnam arm have shown sturdy finanacials.