Insurance
Aon makes appointments for regional and country heads
                                                                                 
                    
                    
  Tim Dwyer and Darren T. Oliver will be based in Singapore and Manila, respectively.
                
                                
            Aon makes appointments for regional and country heads
                                                                                                                 
                            
                            
  Tim Dwyer and Darren T. Oliver will be based in Singapore and Manila, respectively.
                        
                                                
                        
    
                    Allianz Insurance Lanka welcomes new CEO
                                                                                                 
                        
                        
  Prashant Grover has over twenty years of experience in the financial services sector.
                    
                                        
                    
                AIA HK, Macau CEO backs finance secretary's budget for financial sector
                                                                                                 
                        
                        
  The insurer suggests tax deductions for insurance premiums to incentivise individuals to prioritise health protection.
                    
                                        
                    
                Tokio Marine Holdings acknowledges improper conduct, implements reforms
                                                                                                 
                        
                        
  A Group Audit Committee will be established to replace the Internal Control Committee, expanding its scope.
                    
                                        
                    
                SHKPI's capital buffer expected to rise in extreme scenarios – S&P
                                                                                                 
                        
                        
  The insurer’s modest capital size presents vulnerabilities, assessed S&P Global.
                    
                                        
                    
                Allianz unveils on-the-go charging coverage for EVs
                                                                                                 
                        
                        
  Emergency charging service rangers are also available in the Klang Valley.
                    
                                        
                    
                Geneva Association calls for collaboration to address climate-related health risks
                                                                                                 
                        
                        
  The report highlights the potential long-term consequences on health and life insurance as climate events become more severe and frequent.
                    
                                        
                    
                Hospital treatment coverage reaches 44.9% of Australian population
                                                                                                 
                        
                        
  Policies for both hospital and general treatment saw an increase.
                    
                                        
                    
                HK pushes for ILS via regulatory regime, grants HK$100m for financial industry
                                                                                                 
                        
                        
  The finance secretary also promises to transform into a global hub for supply chain management, thus ensuring coverage by an export credit insurance...
                    
                                        
                    
                German insurer steps into China market with new joint venture: Report
                                                                                                 
                        
                        
  ERGO also received recent approval to up its stake in ERGO China Life Insurance Co..
                    
                                        
                    
                Allianz Partners taps Jacob Fuest as chief markets officer
                                                                                                 
                        
                        
  His role will focus on driving profitable growth across Allianz Partners' business units worldwide. 
                    
                                        
                    
                Market Saturation and Competition: Obstacles in Singapore's Insurance Sector
                                                                                                 
                        
                        
  There are five key challenges the Singaporean insurance landscape needs to address.
                    
                                        
                    
                HSBC Life Hong Kong issues most expensive life insurance policy
                                                                                                 
                        
                        
  The Hong Kong insurer has issued policies worth at least US$50m over the past year.
                    
                                        
                    
                Asian economies at higher financial risk from climate hazard intensification, warns report
                                                                                                 
                        
                        
  The Swiss Re Institute emphasised insurance’s role in risk mitigation.
                    
                                        
                    
                Association predicts 2.0%-4.0% growth for Thai life insurance
                                                                                                 
                        
                        
  The industry forecast is within the government’s target of 2.2% to 3.2% for 2024.
                    
                                        
                    
                Fusion Specialty gets new managing partner for APAC
                                                                                                 
                        
                        
  Steven Harwood has over 11 years of experience covering W&I, Tax Indemnity, and contingent liability risks. 
                    
                                        
                    
                Higher interest rate risk pressures HSBC Life SG's capital buffers
                                                                                                 
                        
                        
  S&P Global Ratings expects the insurer’s relationship with its parent company will remain strategic due to its regional exposure.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                 
                 
                 
                 
                 
                