insurance

Over 18,000 new claims filed after recent Australian catastrophes

Insurers have already closed 28% of claims, paying out AU$171m

Over 18,000 new claims filed after recent Australian catastrophes

Insurers have already closed 28% of claims, paying out AU$171m

APAC a major driver of mobile phone insurance market’s CAGR by 2028

Growing phone theft incidents also contribute to market growth, as victims seek protection through coverage.

Chubb's senior notes proceeds for corporate use

It includes repayment of Chubb's $700m senior notes.

Heng An Standard Life backs Hong Kong's new investment scheme

It also introduced five new long-term insurance and wealth management services.

Miller names new head of operations for Asia

Frédérique Champvillard will spearhead the firm's expansion in the region with a particular emphasis on enhancing client service.

Malayan Insurance upgrades catastrophe risk analytics with Moody's modeller

The insurer said it aims to gain a comprehensive understanding of risks across regions and perils. 

Allianz Taiwan's strong capitalization boosts resilience: Moody’s

The insurer faces challenges due to its moderate overall market presence.

Pacific Int’l Insurance should see better ERM capabilities: AM Best

The insurer’s profile is deemed limited due to its focus on motor coverage and partnerships.

ASEAN forms reinsurance committee to tackle climate risks

The insurance industry’s snail pace in providing capacity for RE projects, the committee aims to jumpstart the progress.

Operating performance strong for ICICI Lombard: AM Best

Its underwriting results are offset by its reliance on investment income.

High interest in personalised insurance among Malaysians: Capco survey

Malaysians prefer to share data through health or fitness tests.

Rishi Mehra to lead Aon India

Mehra was previously Chief Financial Officer for Asia and Greater China.

Taiwan's insurance businesses achieve $1.1b profit in January

Both life and non-life industries saw a rise in their January earnings.

Manulife Financial holds investor day events in Hong Kong and Jakarta

Investors and research analysts will have the opportunity to participate in live Q&A sessions.

Muang Thai Life to see improved new business value growth: Fitch Ratings

MTL has witnessed a modest earnings recovery during the third quarter of 2023.