News
HSBC Life Singapore unveils new CEO
Harpreet Bindra will oversee the company’s business strategy in Singapore.
HSBC Life Singapore unveils new CEO
Harpreet Bindra will oversee the company’s business strategy in Singapore.
FWD Group’s new business value jumps 22% YoY in first half
The six months to June accumulated $482m in new business value.
MAS-licenced MoneyOwl to wind down financial advisory business
The company found that its advisory business is not financially viable.
Australia assures FIs with new corporate plan amidst surfacing risks
This is to assure the stability of insurers, banks, and superannuation sectors.
Taiwan’s pre-tax earnings register NT130b, YTD
Both its life and non-life markets saw incremental year-on-year increases.
Prudential expands 39% YoY in new business profits for first semester
Outlook for the region remains mixed.
APAC amongst fastest growing cyber insurance market: S&P Global
It grew 51.2% in the past five years but remains the second smallest market globally.
Great Eastern and Intellect launch 24/7 mental health helpline for employees
This provides employees with personalised and immediate guidance.
Prudential names new CEO for Eastspring Investments
In the near future, a new CIO will be appointed.
Reinsurance industry shies away from calamity coverage: Fitch Ratings
Underwriting discipline to continue in 2024 but price-hikes will be moderate.
ANZIIF and general insurers set out a new framework for better claims and settling services
The competency-based framework outlines the professionalism that must be upheld by the industry.
More than half of Thai policyholders willing to share more information for personalised insurance coverage: Survey
Income protection policyholders want more detailed coverage.
Sunshine Insurance shows bright preliminary H1 2023 performance
It saw its gross written premiums climb 7.7% to RMB67.81b in the first semester.
Swiss Re ties up with Wysa for first AI-based mental health support app in Australia
The insurers are working to build similar products to cater to other regions.
Tokio Marine sends relief fund to fire-stricken Maui
The fire struck the island of Hawaii on 8 August.
CDP urges insurers and other FIs to integrate system-wide transformation for nature-related risks
Insurers have incorporated climate change risk and opportunity in their portfolios more than water or forest-related.
China-unit of Tokio Marine to stay afloat with TMNF support: Moody’s
Lower investment returns amidst a low-interest rate environment pose a challenge to its profitability.
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