News
Malaysia’s general insurance industry climbs 7.3% YoY in 1H23
Underwriting profit saw a huge drop of 37.8% mainly due to motor and fire lines.
Malaysia’s general insurance industry climbs 7.3% YoY in 1H23
Underwriting profit saw a huge drop of 37.8% mainly due to motor and fire lines.
Philippines’ pension system joins forces with JICA
The partnership aims to enhance the protection of public properties and assets against disasters.
Tugu Reasuransi Indonesia to remain ‘stable’: Fitch Ratings
Tugure maintains a resilient capital position, exceeding the 120% regulatory requirement.
Genetic testing for life insurance to be reviewed: Australian treasury
Despite the possibility that insurers may require genetic test results, policyholders may file reports on discrimination.
QBE Insurance’s capitalisation and leverage as 'strong': Fitch Ratings
QBE's financial leverage ratio is also moderate.
Casper Kam joins AXA XL’s underwriting team
Previously, he worked with AIG and AXA General Insurance.
MSIG S’pore launches anti-scam fix
The initiative is set to commence integration next month.
China's top 8 insurers embrace self-regulation in motor insurance shift: Nomura
The agreement aims to adhere strictly to regulatory requirements.
AXA HK, Macau venture into cross-border healthcare service
It has partnered with UMP Healthcare Holdings to expand its reach to clinic services in China.
AIA Group releases climate action plan, target net-zero by 2050
It said it’s the first pan-Asian life and health insurer validated by the Science Based Targets Initiative (SBTi).
Allianz Malaysia sustains 11.3% YoY growth in Q3 revenue
Year-to-date (YTD), its total business volume amounted to RM3.63b.
India’s non-life insurance industry posts slower growth for October
Year-to-date, a double-digit growth is recorded driven by health and motor.
Only six out of 10 said they are ready to handle business risks: Aon survey
About three of 10 persons have been affected by last year’s top business risks.
Aspen Insurance rebounds YoY in Q323, net income at $86m
The insurer’s net income stood at $86m, a rebound from the previous year’s $161m loss.
Everest builds Asia team with new S’pore CEO and a head of insurance
Swee Keong Mah will be the Singapore branch’s new CEO and will report to Tomi Latva-Kiskola, who has been appointed as head of Insurance Asia.
Tokio Marine forms new entity for disaster prevention and mitigation solutions
Tokio Marine Resilience will collaborate with Tokio Marine dR for core data functions and risk consulting services.
Mercer Asia appoints Robert Ronneberger as head of investment sales
He will expedite prospecting activities for Outsourced Chief Investment Officer (OCIO) services.
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