News

Unmarried individuals in Singapore less resilient socially, financially– study

New study baselined the four resilient domains among Singaporeans: social, physical, mental, and financial. 

Unmarried individuals in Singapore less resilient socially, financially– study

New study baselined the four resilient domains among Singaporeans: social, physical, mental, and financial. 

AIA HK and Citibank donate ARIA test machine to HKLSS, commemorates 10th year

The donation hopes to benefit 3,000 individuals in need of early detection diseases and strokes.

Prudential appoints new non-executive director and announces committee changes

Mark Saunders will become a non-executive director whilst Jeanette Wong will take over chair of the audit committee from David Law.

MS Amlin renews Singapore Cat Bond

The development comes after the increasing natural disaster risk environment in the region.

Sun Life expands private health services to HNW market

High-net-worth clients in Hong Kong, Singapore and Taiwan will have access to US-based PinnacleCare.

Only six out of 10 companies believe employees are fit to use modern tech

Insurance companies said using multiple systems includes high costs, inefficiency, and time and resource consumption. 

Australia’s MVRI Code of Conduct overhaul implements recommendations for better governance

The CAC is also enhancing the user experience on the code's website in response to industry feedback.

FWD Insurance partners with Bank Simpanan National for bancassurance offerings

FWD Insurance joins forces with Malaysia's oldest bank, which has 387 branches and serves nine million customers. 

OJK establishes four regulations to strengthen insurance and pension system

These regulations hope to address capital capacity limitations in the insurance industry.

PIAM supports upcoming vehicle repair requirements for safer roads

The Automotive Engineering Division of JPJ is revising guidelines on vehicle accident repair which take into account the latest advancements in auto tech and repair methods. 

Global economic loss from natural disasters reaches $380b, China floods second-highest

This is the fourth year in a row where economic losses surpass $100b.

MPM Insurance seen to maintain cautious investment moves, balance risky assets – Fitch Ratings

The insurer sustained a sufficient capital buffer, with a regulatory risk-based capital (RBC) ratio consistently above 250%.

AXA Hong Kong revamps multicurrency plan

The upgrade hopes to address flexibility, diversity, liquidity and sustainability concerns.

Businesses face six interconnected risks this 2024 – J.S. Held

Businesses should be on the lookout for the effects of geopolitical shifts, economic challenges, and natural disasters.

Lockton enters Indian market, appoints country CEO

Dr. Sandeep Dadia will be the country CEO.

Steady outlook seen for Thai Reinsurance Public: Fitch Ratings

Growth is expected in the accident and health sectors.

HKIA announces new executive director

Two executive directors will be appointed soon to oversee long-term and general business.