Insurance
China’s regulator calls insurers to make haste for recent flood-affected areas
                                                                                 
                    
                    
  Chinese insurers have received a total of 117,600 claims.
                
                                
            China’s regulator calls insurers to make haste for recent flood-affected areas
                                                                                                                 
                            
                            
  Chinese insurers have received a total of 117,600 claims.
                        
                                                
                        
    
                    Will Field returns to Chubb
                                                                                                 
                        
                        
  He will be the head of Casualty in Asia starting first quarter of 2024.
                    
                                        
                    
                Nine out of 10 HK, GBA policyholders trust their personal data with insurers: Survey
                                                                                                 
                        
                        
  Personalisation, improved claims, and cost savings influenced their trust.
                    
                                        
                    
                Australia’s calamities widen the gap in availing home insurance: Report
                                                                                                 
                        
                        
  Since January 2020, insurers have dealt with approximately 788,000 claims due to natural disasters.
                    
                                        
                    
                Surer collaborates with employment association for customer accessibility
                                                                                                 
                        
                        
  The most purchased coverage plan is the Foreign Domestic Worker Insurance.
                    
                                        
                    
                China Life Insurance (Overseas) to stay afloat in the next two years: S&P Global
                                                                                                 
                        
                        
  Its growth-related capital needs and substantial holdings of high-risk assets may surpass earnings.
                    
                                        
                    
                Philippines’ Insurance Council transitions HMO to receivership
                                                                                                 
                        
                        
  The HMO had been under conservatorship since 18 January, due to its inability to meet the IC's requirements.
                    
                                        
                    
                Chubb has appointed Serene Neo as head of A&H for APAC
                                                                                                 
                        
                        
  She was most recently division head, consumer lines for Singapore.
                    
                                        
                    
                More Korean insurers expanding overseas: FSS
                                                                                                 
                        
                        
  Aggregate profits of Korean insurers saw a 34.9% surge in 2022.
                    
                                        
                    
                Australia updates regulations for better transparency of remuneration practices
                                                                                                 
                        
                        
  APRA will offer flexibility in disclosure timing, requiring annual disclosures within six months of an entity's financial year-end.
                    
                                        
                    
                InsurTech funding down 34% in Q2: Gallagher Re
                                                                                                 
                        
                        
  Seven APAC markets were included in the report, which received an estimated $359m in funding.
                    
                                        
                    
                HSBC Life Insurance Planning Centre opens in Macau
                                                                                                 
                        
                        
  This is HSBC’s first-ever insurance planning centre.
                    
                                        
                    
                Insurers in Taiwan to face increased capital pressure: Fitch Ratings
                                                                                                 
                        
                        
  IFRS 17 adoption could lead to profitability.
                    
                                        
                    
                Indian life insurance industry to reach $170b in four years: Global Data
                                                                                                 
                        
                        
  This will be bolstered by favourable regulatory policies and more.
                    
                                        
                    
                Aon Greater China appoints new CEO
                                                                                                 
                        
                        
  He has been with Aon for over seven years.
                    
                                        
                    
                AIA Singapore unveils AIA Centurion PA, covers neurological diseases
                                                                                                 
                        
                        
  AIA Personal Accident Insurance Survey revealed that dementia is a top concern among Singaporeans.
                    
                                        
                    
                Insurance is key to protect Vietnam’s SME’s – WTW
                                                                                                 
                        
                        
  Survey results showed only 18% are confident to take risks.