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Stable outlook for Etiqa General Insurance: AM Best
Enterprise Risk Management (ERM) is deemed appropriate for the company’s capabilities.
Stable outlook for Etiqa General Insurance: AM Best
Enterprise Risk Management (ERM) is deemed appropriate for the company’s capabilities.
ICNZ names incoming chief executive, Grafton stepping down on 7 April
Kris Faafoi is a former Cabinet Minister.
Japan's major non-life insurers set to weather earthquake losses, strong capital buffers to cushion impact
AM Best said the major non-life insurers carry diversified portfolios and strong capital positions.
Indonesia bumps up minimum equity requirement amidst financial dilemma: Report
The new rules also require a minimum investment of IDR1t for starting new insurance businesses.
Generali buys 100% of its Chinese P&C insurance line
The estimated impact of the groups’ Regulatory Solvency Ratio would be -1 p.p.
FSC revises fire insurance, extends scope and coverage to other building types
This revision aligns with the compulsory fire insurance requirement in Korea.
Hang Seng Bank launches investment and life insurance plan
70% of Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses.
Partner insurer payout leaps 23% YoY through Ant Group's insurance arm
Health insurance claims contributed about 5 million claims processed by partner insurers on Ant Insurance
Excess of loss pricing in APAC reverts to pre-2023 levels amid market stabilisation
The renewal season reflects significant changes in market conditions compared to the previous year.
WTW welcomes new head of global services and solutions
Clélia Grech will take on her new role with WTW based in Hong Kong.
India's life insurance sector slows in FY24 after a robust FY23
Policy purchases in March 2023 ahead of budgetary changes subdued FY24.
Reinsurance capital rebounds, 2024 could register a tepid $561b
AM Best's projected 12.2% growth in traditional reinsurance capital for 2023 may be sufficient, given potential variations based on capital deployment decisions.
Income Insurance shares enter private securities exchange through partnership
Digital securities exchange for alternative assets in Southeast Asia, Alta, has partnered with PhillipCapital to launch this new venture.
Prudential partners with CIMB Thai for bancassurance venture
The partnership grants Prudential access to CIMB Thai’s customer base and branch network in Thailand.
IRDAI grants operating license to new insurer, breaks 5-year grap since last entrant
Notably, this is the fifth registration granted by the IRDAI across the industry in approximately the last year.
Korea's driver insurance booms, navigates regulatory challenges
CAGR from 2016 to 2022 reached 8.6%.
WTW reveals two new appointments in Singapore team
Ernest Heng has been appointed as the head of specialty whilst David Ng as head of client services in Singapore.
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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.
