News

Chubb acquires Australian aviation insurer

The insurer hopes to broaden its reach in the aviation industry.

Chubb acquires Australian aviation insurer

The insurer hopes to broaden its reach in the aviation industry.

Hong Kong's EV insurance market to grow 30% by 2026

Rising EV popularity will drive demand growth for insurance.

AIA's VONB jumps 27% in Q1, beats forecasts

AIA responded to investor demands by adding $2b to the existing $10b buyback.

Life insurance reaches new high in Hong Kong

This marked a 57% year-on-year in annualised new premiums.

Tk.cn Insurance to sustain growth with Taikang backing

The insurer reported three consecutive years of positive net operating profits.

Sompo taps new chief investment officer

Thomas Leone will be coming from PartnerRe.

Insurers to expedite claims, IRDAI mandates senior liaisons

Insurers are advised to publicise contact details of liasons for better assistance.

Chubb synergises with three other Korean firms: Report

Chubb's general insurance subsidiary announced it will rename its brand.

Singaporeans see kids as “great investments” for retirement: Manulife

Saving up for retirement is not a top priority for young individuals.

Insurers shell out $20b to implement IFRS 17

Yet, firms report no significant impact came from the new standard.

Singlife cuts costs by $4m yearly with AWS integration

At least 70% of its staff earned at least one AWS certification.

How private equity will mould the region’s life insurance market

Asia saw $25b in private equity-backed reinsurance transactions in 2023.

Vietnam’s non-life insurers show mixed results in Q1: Report

The market is projected to reach VND79.7t this year.

ZhongAn’s investment income reliance puts earnings on shaky ground

Its net profit is “volatile” with net profit in 2023 and net loss in 2022.

Asei and Seoul Guarantee Ink MoU 

The partnership aims to solidify suretyship and credit insurance in Indonesia.