News
Japan’s insurance claims reach Y23.9b end-July – GIAJ
Heavy rainfall at the beginning of the month was noted by the association.
Japan’s insurance claims reach Y23.9b end-July – GIAJ
Heavy rainfall at the beginning of the month was noted by the association.
Unrealised losses to fly by top 20 reinsurers: S&P Global
About 25% of the total unrealised losses will reverse by the end of the year.
BMS Group names Tim Hewitt as Head of Japan
Hewitt will oversee inbound-outbound M&A activities in Japan.
Korea P&I Club’s maritime relationships keep strong domestic presence – AM Best
Underwriting performance is also seen to improve in the next few years.
Australian insurers’ ‘cyclical’ profits often affected by uncontrollable entities – ICA
Rise in inflation and reinsurance costs are driving up expenses for insurers into 2023.
Marsh buys Honan Insurance
The acquisition also covers the 80% majority stake of TA Associates.
Pacific Life Re names Vasan Errakiah as Asia general manager
He will join the insurer’s Asia Executive Committee.
How to succeed in Singapore’s competitive insurance landscape
CEO Raymond Ong shares the recipe for Etiqa Insurance Singapore’s growth and innovation.
Chubb announces country president for Korea segment
Janice (Jae-Kyung) Mo will be succeeding Edward Kopp.
Nippon Life shows robust capitalisation, profitability faces pressure from forex: Moody’s
Nippon Life's economic capitalisation improved to 244%.
About six of 10 financial leaders expect revenue to jump 10% in three years
64% of consumers trust established banks for insurance purchases.
Hong Kong imposes six-month ban on Chan Ka Hey for fabrication
To deceive the insurer and his employing bank, Hey fabricated a new DDA form with a cut-out of the client’s signature, without consent.
Singaporeans want more detailed insurance plans, 90% willing to share more data: Capco
Insurance policyholders want more personalised long-term savings products, life insurance, and health insurance.
Hak Hong Soo takes seat as Generali Philippines’ President and CEO
He was previously the regional head of health.
Taiwan’s Insurance Bureau calls for China investment risk report
The regulator urged life insurers to report back risks related to the growing instability of China’s financial market.
Australian regulator nudges insurers to improve claims handling
After concluding a review, five key shortcomings were identified.
H1 profits of Samsung Fire & Marine climb nearly a third from last year’s
It climbed 27.4% to KRW1.2t.
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