News
Miller welcomes new head of reinsurance and capital
Amidst the company’s expansion, Shaun Sinniah will spearhead new approaches and strategic advisory.
Miller welcomes new head of reinsurance and capital
Amidst the company’s expansion, Shaun Sinniah will spearhead new approaches and strategic advisory.
Malaysian businesses most concerned about interruption from increased storms and floods: Allianz
The Allianz Risk Barometer 2024 revealed that risks of cyber attacks, natural calamities, and fires are the top concerns of Malaysian businesses.
Tokio Marine sells stake in Arabian insurance
Tokio Marine will sell about 6% of its shares to Alinma Bank.
India set for expansion in 2023, premiums to swell in the next 10 years
Despite an upward forecast, the sector still faces an average of $8b annual economic loss from natcat.
Bridge Specialty International acquires Singaporean insurance brokerage business
The transaction is expected to finish in the first quarter of 2024.
S’pore-based Igloo expands Weather Index Insurance coverage in Vietnam
The insurance will be integrated with Mobifone's agricultural application, MobiAgri.
Prudential unveils new CEO of Health business
Arjan Toor will replace Andrew Wong, and will begin his new role on 1 February.
South Korea’s insurers register better capital adequacy ratio Q3’23
FSS promises the industry to help maintain sufficient capital buffers amid volatile and uncertain financial market conditions.
Roojai acquires Indonesian insurer, Lifepal
The collaboration aims to enhance product offerings and both online and offline distribution channels.
China’s insurer’s financing needs skyrocket to $29.7b: Report
Stricter solvency rules imposed in 2021 led to a decline in solvency indicators under the new regulations.
LIAJ Chair shares three pillars the industry will focus on this 2024
The chair also hopes to improve the industry through changes in life insurance tax deductions and financial regulations.
APRA retires two Prudential Practice Guides
Current risk management expectations, including areas covered by GPG 250 and LPG 250, are already tackled in Prudential Standard CPS 220 Risk Management
Stable investment income shields HLIA against market volatility, driving fiscal optimism
The insurer carries a strong balance sheet, operating performance, limited profile, and appropriate risk management.
HKIA rules face 2024 overhaul, await legislative approval
There are four draft rules covered in the second round of consultation.
Dai-ichi seen to cushion Partners Life's Expansion in New Zealand with capital support
Dependency on third-party reinsurance could offset the insurer’s standing.
Noto Peninsula quake could drive total insured losses to $6b – Moody’s RMS
The losses account for property damage, contents, and business interruption across various sectors.
Taiwan’s insurers witness decrease in life, non-life jumps in November
Life insurance fell 47.7% in pre-tax profits whilst non-life jumped more than double on a year-on-year basis.
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Indonesia enters era of digital insurance distribution
![Indonesia enters era of digital insurance distribution]()
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
