Insurance
Synpulse enhances APAC strategy with new insurance head
Synpulse enhances APAC strategy with new insurance head
He will focus on enhancing insurance and banking offerings in the region.
Taiwan's life sector sees 7% growth in foreign-currency sales
Investment-linked insurance products accounted for 15% of the total.
US reinsurer and Tongyang Life seal historic coinsurance deal
This is the first cross-jurisdictional coinsurance transaction in South Korea.
Marsh India reports surge in cyber incidents in 2023
The mean cost to recover from ransomware attacks was estimated at $1.82m.
Insurers and private capital firms strengthen ties
Private-capital-backed insurers have gathered nearly $700b in assets through 2023.
Zurich-Aon facility offers comprehensive hydrogen coverage
It also covers carbon capture, utilisation, and storage (CCUS) technologies.
Reinsurance market stable despite the absence of new entrants
Arthur J. Gallagher reports four reasons for the lack of new entrants.
Recent aircraft turbulence spurs insurance implications
WTW tells how recent events could potentially raise the number of insurance claims.
Bangladesh life insurer eyes IPO
The firm intends to allocate Tk8.40 crore for government treasury bonds.
FWD Indonesia seen to improve in the next two years
The insurer said it will focus on selling protection products and unit-linked policies to enhance margins.
Suncorp pivots to insurance industry after approval of bank sale
Post-acquisition, Suncorp aims to prioritise insurance needs.
WTW urges APAC banks to consider non-payment insurance
Uncertainties like the Chinese real estate crisis call for effective credit risk management.
Asuransi Sinar Mas maintains satisfactory capital for expansion
The non-life insurer accounts for 9% of the total market share in GWP in 2023.
Indian bank launches new low-cost accident insurance
The coverage also has additional benefits such as free health consultations.
International group sets stage for ICS implementation
The IAIS will begin developing an ICS execution evaluation methodology in 2025.
FWD maintains stable VNB margin at 60.2%
Its value of new business (VNB) grew by 21.9% in 2023.
GIAJ admits gap between practices and public expectations
It unveiled its initiatives to rebuild the trust of its customers.
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