Insurance
Zurich Insurance, BNP Paribas considers bidding for Indonesian life insurer
Zurich Insurance, BNP Paribas considers bidding for Indonesian life insurer
Sales process for PT Astra International has not commenced.
Profitability of Japanese life insurers to rebound: Fitch
Insurers will see resurgence of overall profitability by 2024.
Cathay Life Insurance commits $146m in private equity funds
The Taiwanese insurer has funded two PE funds.
P&C insurer puts up aviation hub in Singapore
Newly appointed Alastair Stuart will be the hub’s practice leader.
Cover Genius policy sales surpass 25 million
The insurtech also ramps up the roles of executives.
Total gross premiums of Hong Kong insurers fall in Q1
It slid by 7% to $147.2b.
Gallagher Re announces new leadership for HK and China
Jia Lou is the new CEO of the two markets.
Prudential names new CFO replacement after probing former in-charge
Ben Bulmer will be taking over James Turner as Chief Financial Officer.
Life insurance revenue down in Q1, claim payments up
The Indonesian life insurance market recorded 87.54 million individuals insured in the first quarter.
Virtual insurer surpasses HK$60b sales in four years
This made the virtual insurer top rank in direct sales channels in terms of policies sold.
Sun Life Hong Kong introduces eSunPro
The platform will be exclusive to Sun Life Hong Kong clients who can avail of assistance for treatments and recovery.
Allianz Malaysia records RM1.16b in revenue for Q1
This was driven by higher sales generated from its general and life insurance segment.
ZhongAn Insurance publishes white paper on generative AI application
It recorded notable advancements in adopting AI into the Chinese insurance industry.
APAC insurers can weather equity markets' decline: S&P
This assessment took into account the forecasted one-year earnings and lower capital charges.
ADVA introduces marine insurance to Asia markets
It aims to protect ship and cargo units against potential war and piracy risks.
State-run insurance to cover PH central post office after massive fire
The post office will be covered for P604m.
Lexasure, AgriG8 team up to offer insurance to Indonesian farmers
The partnership aims to financially guide rice farmers in Indonesia.
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