News
Sun Life's Asia business reports $177m for Q1'24 net income
The region’s sales, however, showed mixed results.
Sun Life's Asia business reports $177m for Q1'24 net income
The region’s sales, however, showed mixed results.
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
Global M&A rebounds, APAC outshines peers
WTW said this trend was mainly seen in the W&I insurance market.
Ant Insurance unveils privacy-preserving auto insurance tech
Providers like PICC, Ping An, and CPIC have already adopted this type of tech.
Zurich Japan, Loyalty Marketing expands into digital offerings
Both entities have been partnering since 2013.
BMS Re boosts MGA business with six new hires
It said it boosts its ProLink Solutions personnel by 40%.
Manulife’s Asia segment net income down 29% YoY in Q1’24
APE sales in Asia climbed 13% YoY to $950m.
Prudential ceases Hong Kong wealth business
It also closed down its wealth management platform in S’pore back in September.
China's long-term care insurance sees regulation overhaul
Since its launch, the scheme has covered 180 million people.
GIC Re witnesses premium income fall in 9M’23
Its premium income fell to INR28,458.1 crore.
Why are intangible assets more valuable but less insured?
Only 44% of respondents feel prepared for an IP ‘Black Swan’ event, Aon said.
Political risks dawn on the mining sector
Supply chain disruptions can jeopardise project returns.
Pinnacle Life sees steady operating performance
AM Best projects the insurer to have a stable outlook against a solid balance sheet.
What are the 10 major risks driving the industry today?
Moody’s CRO presses cyber is the most common risk across sectors and regions.
China’s old-age insurance coverage surges by 14.34 million
Revenue of three social insurance funds totalled $309.6b in Q1’24.
Malaysia’s PIAM awaits updated guidelines for vehicle repair
These developments are in line with Malaysia’s aspirations of transforming motor claims.
China's pension scheme grows to 1.07 billion participants
Total income and expenditure of these schemes amounted to $304b in Q1’24.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
