Insurance
MS First Capital Insurance CEO Ramaswamy Athappan has passed away
MSFC is an affiliate company of MSIG Asia.
MS First Capital Insurance CEO Ramaswamy Athappan has passed away
MSFC is an affiliate company of MSIG Asia.
Chinese insurers to benefit from bancassurance rule-lift
The removal of the rule is seen to increase premium growth.
Allianz Malaysia sees 15.1% revenue jump in Q124
It saw its revenue total $281.4m.
Philippine HMOs see 17.3% surge in healthcare payouts
This was equivalent to $255.9m in healthcare benefits.
Swiss Re Institute report predicts AI impact on health industry
Insurers are advised to take advantage of this to expand cyber risk offerings.
6 in 10 APAC firms fear political risk this year
However, this consensus was smaller than the previous year’s 67%.
Canopius names new group chairman
Watson will step down whilst Haste will start his role in July.
SG-based Income Insurance eyes APAC expansion: Report
Discussions are still in the early stages and may not result in a transaction.
IAG battles against cyber threats with new underwriting agency
43% of cyber-attacks target small businesses in the country.
Manulife, Mind HK launch anti-stigma campaign
The two-year partnership will begin with four programmes to launch in 2024.
China life insurers buoyed by stable interest rates – Jefferies
The surge is due to PBOC supporting long-term yields and positive equity market sentiment.
SG’s finance and insurance industry expands 6.5% in Q1’24
Insurance was one of the economy’s growth drivers in the quarter,
Allianz APAC posts 13% revenue rise in Q1'24
The region also saw significant growth in volume in its P&C business.
Hong Kong imposes 14-year license ban on ex-Prudential agent
The agent scammed policyholders to transfer RMB2.35m into his bank account.
FWD boosts AI capabilities via AWS cloud
As of 2023, FWD's cloud migration reaches 97% completion.
Thailand could see $27b in total premiums this year – Baker McKenzie
The Land of Smiles braces for high electric vehicle adoption.
Allianz Commercial pegs SEA as global hotspot for maritime losses in 2023
This region saw over 184 total losses in the past decade.