News
Ping An Insurance books $5.55b Q1 net profit
Net income grew nearly half on a year-on-year basis.
AIA China received regulator approval to operate in Henan
The insurer is now active in nine provinces and urban areas in China.
HSBC Singapore, MSIG enter 15-year bancassurance partnership
MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers.
NorthStandard opens Asia HQ in Singapore
The new HQ shows the firm’s continued service post-merger.
Manulife rebrands its fund management arm in China
The change of name is tailored to its global operations.
America's Gallagher debuts Japan insurance brokerage
The brokerage will support the reinsurance team in Tokyo.
Prudential debuts financial advisory arm
The firm will be managed by industry veteran Bernard Chai.
HSBC says split bank would result in ‘erosion of earnings’
The bank responded to the strong statement regarding a break-up plan by Ping An.
Manulife names new chief strategy officer, chief communications officer for Hong Kong and Macau
They both report to Hong Kong and Macau CEO Patrick Graham.
HSBC’s largest shareholder shares ‘deep concerns’, pushes for break-up
Ping An expressed five points that need to be addressed.
AIA Group appoints ex-IHH Healthcare CEO as group chief healthcare officer
Kevin Loh was the managing director and CEO of IHH Healthcare Berhad.
AIA Hong Kong launches CarePass for high-end customers
They can access one-stop integrated oncology treatments, amongst others.
FWD Singapore enhances home insurance offering with cyber fraud protection
More than a third of scams in Singapore involves data stealing and online shopping.
P&C insurance must close protection gaps or risk becoming irrelevant: McKinsey & Company
P&Cs in the Asia Pacific stand at only 0.5% of real GDP or half of the global penetration ratio.
China’s IAMCs can benefit from liberalisation: Cerulli
IAMCs, regardless of foreign ownership, have the ability to provide expertise in investment and research.
Reinsurer Canopius picks David Hoffman as Marine Underwriter
This is in line with the firm’s continued APAC expansion.
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