News
CMB Wing Lung gains support from China Merchants Group
AM Best sees its balance sheet boosted by strong risk-adjusted capitalisation.
CMB Wing Lung gains support from China Merchants Group
AM Best sees its balance sheet boosted by strong risk-adjusted capitalisation.
China boosts healthcare with 95% insurance stability
744 drugs have been added to the insurance catalogue.
GWP of Sri Lankan insurers witness 8.38% YoY in Q4’23
Claims incurred totalled Rs137b.
Surer partners for new agent indemnity insurance
The coverage protects agents from claims related to their services.
Crawford and Company unveils new Asia president
He is rejoining the company after working with a multinational competitor adjusting business.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
FWD Life Insurance ranks among the top insurers in the Philippines
It accumulated a total of $81m in NBAPE.
How insurance can aid potential exposures under new patent system – Aon
China's IP office received around 1.62 million patent applications in 2022.
APRA to assess industry's climate risk management
This year’s survey will have participants from banking, insurance, and superannuation entities.
Tune Protect Group CEO resigns
Rohit Nambiar plans to take a career break.
IAG apologizes for payroll mishap, ensures fix
The issue was due to its manual submission of entitlement claims.
Allianz Partners establishes presence in GIFT City
It is the first foreign reinsurer to operate in the area.
Taiwan’s property insurance to spike after 7.4 quake spurs millions in losses
Taiwan's general insurance industry's profitability isn't likely to be significantly affected.
Allianz Trade’s global WCR hits 16-year high
The rise was due to high inflation and financing costs.
Samsung Fire & Marine halts bancassurance after 20 years: Report
The FSC reports a 15% decline in bancassurance income for Korean non-life insurers.
Suncorp sells NZ life insurance business
The sale was valued at NZ$410m.
HSBC taps Ed Moncreiffe as CEO of Global Insurance
He replaces Greg Hingston, who is leaving the firm to explore other opportunities.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
