Insurance
Philippine micro-insurance premiums rise 14% in 2022
Philippine micro-insurance premiums rise 14% in 2022
Total lives insured under micro-insurance products reached 57.8 million.
Korean reinsurance jumps 15.3% in 2022
There is higher demand for reinsurance and co-insurance, Korea Re said.
Philippine life insurance up 3.30% in first quarter
Total assets accumulated for the quarter reached P1.71t.
Chubb appoints new COO of global reinsurance
This appointment is effective immediately.
Allianz Global announces new CFO for corporate and specialty
Claire-Marie Coste-Lepoutre will take over Oskar Buchauer.
Australian regulator flags Medibank for cyber incident
Medibank will face an AU$250m ($168m) increase in its capital adequacy requirement.
Fubon Insurance surplus to keep momentum after capital injection: analyst
The insurance company was also described to have an adequate balance sheet.
Mitsui Sumitomo Insurance's strategic initiatives to drive performance: AM Best
Potential risks may arise from MSI’s stock investments and bond holdings.
Singlife allies with Aspire to enhance financial accessibility of SMEs
SMEs can access services, including financial software and affordable business insurance.
Asian Re should improve business plan for better underwriting output: AM Best
Asian Re is anticipated to face ongoing market and regulatory challenges.
Global protection gap reaches $1.8t in 2022
Asia Pacific among emerging economies to witness improvement in natural catastrophe resilience.
Hong Leong Bank, Chubb Life collaborate to offer life insurance in Vietnam
The bank’s range of life insurance solutions is in line with its goal of financial inclusion.
Hong Kong life insurance market to improve in two years: S&P
The life segment is predicted to jump by 20% o 25% in 2023.
Aspen names new chief operations officer for insurance
Robert Tartaglia will begin his new role as COO on 3 July.
CIMB collaborates with Sun Life and CTOS, to introduce ASB financing solution
It aims to amplify financial literacy amongst Malaysians.
AXA, Carbon Wallet partner to reward green lifestyle
This partnership incentivises actions toward a sustainable lifestyle.
NEXEA allies with Allianz, Exitra, Spritzer for start-up support
The collaboration aims to boost the growth of the startup ecosystem in Malaysia and beyond.