Insurance
Muang Thai Life to see improved new business value growth: Fitch Ratings
Muang Thai Life to see improved new business value growth: Fitch Ratings
MTL has witnessed a modest earnings recovery during the third quarter of 2023.
India's regulator clears Digit Insurance for IPO launch: Report
Bankers are anticipating 2024 to be one of the country's biggest years for IPOs.
Hong Kong Federation of Insurers leads climate charter amongst industry
33 companies have joined HKFI’s inaugural climate charter.
Korean Re Switzerland elevates CUO to CEO
Michael Hinz will begin his role on 1 July, whilst current CEO Markus Eugster will step down at his request.
FMG Insurance leads rural insurance in New Zealand: AM Best
Geographical diversification across New Zealand helps spread insured risks.
Decline in credit insurance business affects Asuransi Asei Indonesia
The decline in the credit insurance segment in 2023 affected the insurer’s gross premiums written.
Increased competition expected in Asia's property insurance market: Gallagher Specialty
Singapore dominates the offshore insurance coverage market.
Aon makes appointments for regional and country heads
Tim Dwyer and Darren T. Oliver will be based in Singapore and Manila, respectively.
Allianz Insurance Lanka welcomes new CEO
Prashant Grover has over twenty years of experience in the financial services sector.
AIA HK, Macau CEO backs finance secretary's budget for financial sector
The insurer suggests tax deductions for insurance premiums to incentivise individuals to prioritise health protection.
Tokio Marine Holdings acknowledges improper conduct, implements reforms
A Group Audit Committee will be established to replace the Internal Control Committee, expanding its scope.
SHKPI's capital buffer expected to rise in extreme scenarios – S&P
The insurer’s modest capital size presents vulnerabilities, assessed S&P Global.
Allianz unveils on-the-go charging coverage for EVs
Emergency charging service rangers are also available in the Klang Valley.
Geneva Association calls for collaboration to address climate-related health risks
The report highlights the potential long-term consequences on health and life insurance as climate events become more severe and frequent.
Hospital treatment coverage reaches 44.9% of Australian population
Policies for both hospital and general treatment saw an increase.
HK pushes for ILS via regulatory regime, grants HK$100m for financial industry
The finance secretary also promises to transform into a global hub for supply chain management, thus ensuring coverage by an export credit insurance...
German insurer steps into China market with new joint venture: Report
ERGO also received recent approval to up its stake in ERGO China Life Insurance Co..
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