News

7 out of 10 HK’ers prefer to have private health insurance for improved wellbeing: Survey

High stress and burnout were expressed by Hong Kongers which resulted in the decline in vitality levels.

7 out of 10 HK’ers prefer to have private health insurance for improved wellbeing: Survey

High stress and burnout were expressed by Hong Kongers which resulted in the decline in vitality levels.

POP Group Holdings unveils new managing partner of operations

She will oversee operations across POP’s key operating entities.

HKIA warns of fake insurers on social media

Scammers posed to be representatives of Dah Sing Insurance and sold motor insurance products.

Japan’s life insurance segment accelerates in August

Individual insurance and group insurance both saw large increases YoY of 104.9% and 83.9%, respectively to Y4.0t and Y283b.

Anora Agency taps Jeffrey Khoo as chairman

He is know for his work in parametric insurance for the agriculture sector.

Climate risks are still insurable in global South – Howden

In his keynote speech at COP28, the CEO and founder emphasised the potential of loss and damage fund.

Igloo secures $36m in pre-series C funding

The new funds will be utilised for M&A efforts, talent acquisition, and product/value chain.

HK’s total gross premiums dip 1% in the first nine months

Hong Kong’s long-term or life business experienced a contraction, whilst the general business witnessed growth.

How global issues impact reinsurance: Guy Carpenter

Repricing risks, using quality data, and seeking alternative solutions are fundamental steps for insurers.

Three threats that pose a challenge to insurance investors in 2024: Conning

Richard Sega, Global Chief Investment Strategist at Conning emphasised that effective risk management is key.

Marsh completes acquisition of Honan Insurance

Josh Roach will be the merged entity’s president in January.

Gallagher introduces new brokerage arm in Taiwan

CEO Brian Wang hopes to get opportunities in the manufacturing, agriculture, financial and technology sectors.

WTW taps new executive director of large accounts practice HK, Macau

Ellen Fung will focus on elevating the Hong Kong market across various lines of WTW business.

India’s non-life segment finds footing: AM Best

It may still face challenges in underwriting, pricing, and high reinsurance costs.

Swiss Re aims for $3.6b in net income amidst IFRS shift

Its SST ratio is perceived to be unaffected by the shift to IFRS.

Vietnam nonlife to stay afloat amidst regulatory changes: AM Best

The non-life market experienced a 1.3% YoY growth in gross written premiums for H123.

Gallagher Re promotes Mark Hansen to COO role

He was previously COO of the North America segment.