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Australia life insurance full-year 2022 net profit falls 59.3%
Investment loss was the main driver of the decreased performance for the year.
Australia life insurance full-year 2022 net profit falls 59.3%
Investment loss was the main driver of the decreased performance for the year.
UOI names Wee Ee Cheong as new company Chairman
He will replace his father, Dr. Wee Cho Yaw, who will be retiring on 14 April.
Everest Re names Singapore chief executive
He currently holds the position of Head of Business Development in APAC.
South Korea reviews allowing insurers to conduct banking operations
A task force was formed to look into this.
Dai-ichi Life’s underwriting profitability to recover: Fitch
The ratings firm said that it also has ‘strong capitalisation’.
Ping An Bank Hong Kong branch granted insurance agency license
The bank will target its insurance offerings to high-net-worth individuals.
Only 1 in 8 can pay for medical costs associated with serious illness: survey
50% said that they have enough savings and a stable job to pay the medical bills
Property & Casualty drives AXA’s total sales revenues up 2% for FY2022
Underlying earnings per share increased by 12% compared to 2021.
Munich Re profits reach $3.62b in profit
The insurer beat its profit guidance of $3.3b.
Anil Wadhwani joins Prudential plc as new Group CEO
Wadhwani will replace current CEO Mark FitzPatrick
CoverGo appoints new APAC managing director
The new director is based in Singapore.
Great Eastern’s profits down 30% to S$784.2m in FY2022
CEO Khor Hock Seng said that volatility of global financial markets impacted earnings.
FWD Group buys Gibraltar BSN stakes to enter Malaysia's life insurance market
The Hong Kong-based insurers now own 70% of the Malaysian life insurer.
Online selling platforms are new insurance intermediaries: report
The report aims to be a point of reference for government and industry discussion on insurtech.
Cathay Life Insurance unveils new health strategy for policyholders
The insurer is also embedding a new wellness program on its app.
InsuranceDekho clinches $150m in Series A funding round
It is considered the largest-ever Series A round by an Indian Insurtech company.
FM Global receives an insurance license in South Korea
The firm is also a licensed reinsurer in the country.
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