Insurance
LIA backs government’s new process for claims disputes
The Clinical Claims Resolution Process was established on 9 November.
LIA backs government’s new process for claims disputes
The Clinical Claims Resolution Process was established on 9 November.
Willis Towers Watson’s Clare Muhiudeen appointed head of Asia
Muhiudeen will be based in Hong Kong.
Manulife Hong Kong Q3 earnings swells to HK$5.3b
This is a 16% increase from HK$4.5b from the previous year.
Health insurer nib buys New Zealand-base insurance firm
Kiwi Insurance Limited was bought for a total consideration of NZ$45m.
Evolving risks means more volatility for APAC reinsurers: report
An analyst warns that these could cause some of the data for pricing risk to become obsolete.
Sun Life hires former AIA Myanmar head as Vietnam CEO
Former Vietnam CEO, Larry Madge, will return to Sun Life’s corporate office in Toronto.
AXA revenue leaps by 7% to $87.76b
The insurer's Asia revenue grew by 8%.
Allianz Asia Pacific appoints new regional head
Former regional CEO Solmaz Altin has decided to leave the company after 13 years.
Only 1 in 10 Singapore millennials has their gadgets insured: survey
This is despite almost 80% saying they would be distressed if they lose their gadgets.
Sun Life pledges to reach net zero by 2050
The insurance firm also plans to cut down its own operational emissions by 30% by 2030.
Manulife Q3 net income drops 23% to $1.59b
However, YoY results saw an increase of 18% compared to 2020.
Australia’s 2022 nat cat claim to reach whopping $770m: IAG
Extreme weather events have raised IAG’s expectation for natural perils claim costs.
Willis Towers Watson fully acquires Indian business
The insurance broker currently owns 49% of WTW India.
HKIA inks MoU with the Insurance Complaints Bureau
The agreement will help expedite the handling of claim-related disputes.
Indonesian credit insurers to face increased claims: Fitch
Despite this, they are still expected to comply with regulatory requirements for capitalisation.
Asia commercial insurance prices climbs by 6% in Q3
Meanwhile, global commercial insurance prices increased by 15%.
Manulife Hong Kong appoints former Prudential head as COO
Candy Au Yeung has over 20 years of experience in life and medical insurance.
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