Insurance

Pets are insured in QBE’s new home insurance for Macau residents

The plan extends to home contents and the personal effects of domestic helpers.

Berking Re sits with a stable outlook, pressure from market volatility seen: AM Best

The insurer’s governance and regulatory oversight are expected to adequately protect its capital and assets.

January renewals show upbeat market, capital to rise

Last year was profitable for reinsurers with returns almost reaching 20%.

Canopius appoints new underwriter, adds to APAC team

Robert Barnum will lead the expansion of Canopius' operation in the region

Korea bound for greener pastures in 2024, 2.6% growth projection

Non-life market to beat life sector in premium volume.

HDI Global gets new SG branch managing director

Alex Tarantino will take the role of managing director for the SG office, whilst Andrew Cochrane will take over his current role.

Sun Life HK partners with university to bolster finance skills

It aims to boost the skills of professionals in wealth management, insurance, and financial planning.

Miller welcomes new head of reinsurance and capital

Amidst the company’s expansion, Shaun Sinniah will spearhead new approaches and strategic advisory.

Malaysian businesses most concerned about interruption from increased storms and floods: Allianz

The Allianz Risk Barometer 2024 revealed that risks of cyber attacks, natural calamities, and fires are the top concerns of Malaysian businesses.

Tokio Marine sells stake in Arabian insurance

Tokio Marine will sell about 6% of its shares to Alinma Bank.

India set for expansion in 2023, premiums to swell in the next 10 years

Despite an upward forecast, the sector still faces an average of $8b annual economic loss from natcat.

Bridge Specialty International acquires Singaporean insurance brokerage business

The transaction is expected to finish in the first quarter of 2024.

S’pore-based Igloo expands Weather Index Insurance coverage in Vietnam

The insurance will be integrated with Mobifone's agricultural application, MobiAgri.

Prudential unveils new CEO of Health business

Arjan Toor will replace Andrew Wong, and will begin his new role on 1 February.

Economic slowdown challenges insurance underwriting; emerging markets show promise

Swiss Re Institute analyst underscored that real premium growth in emerging markets, including China, outpaces the more advanced economies.