insurance
Thai-based Sunday acquires Indonesian insurer
Sunday now holds a 99% stake in PT KSK Insurance.
Chubb acquires Healthy Paws
It is acquiring the pet insurer from Aon.
China Life Insurance’s NVB could see 17% YoY growth: Nomura
Net profit, on the other hand, could contract 15% YoY.
Swiss Re to roll out AI tool for better decision-making
The initiative is set for a broader rollout later in the year.
Hong Kong and Macao discuss cross-market insurance issues
Discussions included topics such as the sale of life insurance products to MCVs.
SEADRIF confirms Kawai as leader in disaster risk
He will also serve as the secretary general of the ASEAN +3 DRF initiative.
Heavy rains in Southwestern Asia reveal insurance shortfall
Dubai saw its heaviest rainfall in more than 70 years.
Gallagher strengthens Australian presence with acquisition
Prasidium’s office will integrate into Gallagher offices across the country.
Tokio Marine launches Business Architect programme
The programmes are set to start in May.
AIA, Prudential grapple with China sales issue: UOBKayHian
However, both companies' exposure to the involved brokers is limited.
Reinsurers see April renewals stabilise
Increased capacity alongside demand was seen in APAC, says Aon.
Marsh McLennan Q1’24 revenue up 9% to $6.5b
Marsh’s APAC business saw its revenue jump 6% YoY.
Allianz sells 51% stake in Saudi unit
Abu Dhabi National Insurance is the buyer.
Malaysian Re inks deal with Chinese firms on cancer treatment
It hopes to improve products under health and medical.
IRDAI removes age cap for health insurance: Report
Other improvements have also been made to India’s healthcare system.
Indonesia grants operating licence to PT Orion Reasuransi
Its licence is effective immediately.
Munich Re's regional restructuring focuses on P&C business
New leaders have been selected for Japan, Korea, and India.
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