Insurance
Malaysian Re assembles ASEAN RE pool to boost net zero efforts
It aims to lead the ASEAN (re)insurance industry in supporting ASEAN countries' efforts to achieve net-zero emission targets
Malaysian Re assembles ASEAN RE pool to boost net zero efforts
It aims to lead the ASEAN (re)insurance industry in supporting ASEAN countries' efforts to achieve net-zero emission targets
AIA's outlook turns negative after sovereign ratings: Moody’s
The sovereign rating actions will pressure AIA Co and AIA International's Aa2 IFSR because of the position of its ratings relative to the sovereign...
BOC Life’s outlook turns sour: Moody’s
Downgrade risks include failing profitability, capital adequacy, a downgrade of BOC Hong Kong's rating, and a decline in the ability or willingness of...
Insurers are one of the largest CRE investors in China – Cushman & Wakefield
The share of regional cross-border investment within Asia Pacific reached a 6-year high at 18% in Q3’23.
Prudential to see robust financial status in 12-18 months: Moody’s
The top five markets contributing to IFRS operating profit were Hong Kong, Singapore, Vietnam, Malaysia, and mainland China.
Two extreme typhoons push claims incurred to HK$1.9b – HKIA
Property damage and motor businesses were the two most affected lines of business.
S.K.’s FSC chairman urges insurers to enhance CSR amidst financial challenges
The meeting was part of a series aimed at fostering close communication and mutual understanding between regulatory authorities and the financial...
PIAM supports trade dep’t for better motor repair industry
It aims to have a better outcome for the development and sustainability of the motor insurance and repair ecosystem.
One in six Australians are not covered when travelling – ICA
The ICA CEO expressed that travel insurance is as important as passports.
Natural catastrophes drive insured losses to record levels in 2023 – Swiss Re
Insured losses in the year alone have surpassed $100b, driven by thunderstorms.
Yong An Insurance maintains stable outlook, strong capitalization – Moody's
Despite government support and brand awareness in Shaanxi, the insurer faces challenges in expanding its market share in the medium to long term.
Cover Genius enters partnership, offers ‘cancel for any reason’ travel coverage
Travellers can now safeguard every aspect of their journey, from illness to public transport disruptions and extreme weather.
S.K.’s FSC urges MyData regulation overhaul, fair pricing and streamlined processes
The proposed changes aim to establish reasonable standards for the pricing of data transfer costs, ensuring a sustainable operational environment for...
Oona Insurance buys 40% stake in Philippine branch from InLife
This will make Oona the sole owner of Oona Philippines.
AM Best forecasts stable medium-term growth for Meritz Insurance
The assessment mirrors Meritz's robust balance sheet strength,
Arthur D. Little sees embedded finance growth to $350b in 2024
Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.
HKIA seeks public input on subsidiary legislation for risk-based capital regime
This consultation comes after the implementation of the Risk-based Capital (RBC) regime.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
