Insurance
Tokio Marine's Q1 2024 net income surges 55.3% YoY
Tokio Marine's Q1 2024 net income surges 55.3% YoY
Its international business reported the largest gains.
SBI General Insurance, HSBC seal bancassurance partnership
The bank will offer SBI General Insurance’s entire non-life offerings.
TATA AIG stresses political risk insurance needs
Rising costs hit Indian exporters amid global crises
Miller expands Asian team, appoints Edward Cheak
He brings over a decade of experience.
MAS confirms no competitive concerns with Allianz deal
Income's market share in life and general insurance is less than 10%.
Hyundai Insurance China faces capital challenges amidst expansion
HIC is diversifying into personal lines, focusing on ride-hailing drivers and motor insurance.
How are insurers affected by China’s real estate market decline?
Regional carriers have about 8% of their portfolios in global commercial real estate.
Top APAC insurers see market cap growth of Q2 2024
China Life Insurance led with a 9% growth during the period.
China United Property Insurance’s bond issuance to ease capital pressure
It could raise the financial leverage ratio to ~30%.
AXA launches first heatwave parametric insurance
It aims to provide protection to employees exposed to outdoor conditions.
Munich Re Korea gets new CEO
His role is effective 1 August.
Prudential names new regional CEO for China
Angel Ng has more than two decades of experience in the financial services industry.
Great Eastern Life sees mixed Q2 performance in Singapore, Malaysia
Its performance offers insights for competitors like Prudential and AIA.
Swiss Re reels Alan Wilson as board of directors
He was MSIG Asia's CEO for 14 years.
AXA sells investment arm to BNP Paribas for $6b
The sale is expected to drag AXA’s earnings by $440m.
Markel Asia grows with key underwriting appointments
Alvernia Xu has been appointed head of Operations in APAC.
Fitch praises South Korea’s transparent insurance regulations
The FSC monitors insurers' capital strength.
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