Insurance
AIA's VONB jumps 27% in Q1, beats forecasts
AIA responded to investor demands by adding $2b to the existing $10b buyback.
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.
FWD’s new agency programme aims to expand advisor skills
The programme focuses on three pillars.
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.
CEO unfolds how Indonesian firms can focus on growth amidst new regulations
Whilst the market drives towards growth, new rules shrink insurer presence.
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.
What will drive the health and medical insurance market for the next 4 years?
The industry is projected to rise at a CAGR of 8.9% by 2028.
APRA evokes insurers to backup data against the risk of loss
The authority emphasised compliance with CPS 234.