News
Vietnam’s social insurer revamps org structure for efficiency
94.8% of the 4.7 million dossiers required to be resolved were completed.
Vietnam’s social insurer revamps org structure for efficiency
94.8% of the 4.7 million dossiers required to be resolved were completed.
Cyber risks escalate with ransomware on the rise: Munich Re
Global cybercrime costs will reach $13.8t by 2028.
Aon’s CFO Davies to retire in 2025
She joined the company in 2007.
Global non-life reinsurance market to see improved margins
The market witnessed a dramatic increase in average retentions on property reinsurance programmes.
Equity infusion strengthens Zhongyuan against risks: Fitch Ratings
Despite higher loss ratios in agricultural insurance, ZYIC maintains a profitable underwriting margin.
Australia’s Christmas storms cause AU$1.5b industry loss
The storm brought hail sizes of up to 10cm.
Generali Investments Holding welcomes Conning
Cathay Life Insurance also holds a 16.8% stake in Conning.
Guy Carpenter boosts senior leaderships in APAC
A new CEO will lead the Pacific region.
Howden expands footprint in France with acquisition
Howden now employs nearly 400 employees across France.
China’s general insurance sector to surge 7.4% in CAGR by 2028
The sector’s CAGR is seen to climb 6.9% this year.
Aon finishes acquisition of Global Insurance Brokers in India
Rishi Mehra, Aon's head for India, will chair GIB's board.
FWD Hong Kong jumps twofold in new business APE in 2023
New business case count increased by 24% YoY.
Helia Insurance sees claims normalising soon: Fitch Ratings
It holds a 34% market share in lenders' mortgage insurance (LMI) as of 1H’23.
Swiss Re welcomes new CEO, Mumenthaler steps down after 8 years
His role as CEO will be effective 1 July.
Etiqa introduces tailored pet insurance in Singapore
Pet insurance focuses on rising pet care costs and ownership trends.
Embedded finance market to double in four years
The industry’s growth is seen to continue at least in the next four years, mainly due to the B2B market.
Property catastrophe reinsurance sees ‘strong’ appetite on higher returns
At $670b, total global reinsurance capital is now close to the 2021 peak levels.
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