Insurance

Swiss Re suffers $248m net loss in Q1

The firm logged a ROE of –4.6%.

India’s LIC IPO subscribed 67% on first day

The $2.7b IPO is India’s biggest public issue.

Howden appoints new Singapore chief

She has been with Howden since 2015.

Coface appoints new APAC chief

He first joined the firm in 2016.

Generali Asia appoints new general manager of China business

He has over 30 years’ of experience in actuarial management and life insurance.

HKFI appoints Winnie Wong as new chair

The federation has also appointed a new governing committee.

520,944 properties in Australia to be uninsurable by 2030

Riverine flooding poses the biggest risk to properties.

Hanwha Life Insurance Q1 net profits drops by 70.6%

The insurer is considered the second biggest life insurer in South Korea.

Global insurtech funding reaches $15.8b in 2021

Insurtech deals reached a record breaking 564.

Singapore risks protection gap for older population

Prudential and Income are working together to close protection gaps, particularly in the area of long-term care.

Former Allianz chief takes on new position at Prudential

He will take on the newly created position of Group Strategic Transformation Officer.

Philippine regulator issues new licence for AIA Philippines

The licence was issued at the back of its merger with PELAC.

IRDAI hike insurers cap on exposure

The Indian insurance regulator has increased the limit to 30%.

FSS to take tougher measures on screening of suspicious insurance cases

The South Korean regulator said this is to reduce fraud in the industry.