APAC

Global insurtech investments impress Q3 expectations: Gallagher Re

P&C insurtech investment mainly pushed the quarter’s growth.

APAC’s healthcare spending to surge 9.9% in 2023 – WTW Survey

The region’s 2023 prediction is smaller than the global average of 10.7%

Swiss Re: Asia’s insurance players target health industry in 2024

In Singapore, shifting focus to health underscores the need for insurance players to close the protection gap that has remained unchanged in the last 5 years.

AIA Group releases climate action plan, target net-zero by 2050

It said it’s the first pan-Asian life and health insurer validated by the Science Based Targets Initiative (SBTi). 

Only six out of 10 said they are ready to handle business risks: Aon survey

About three of 10 persons have been affected by last year’s top business risks.

Aspen Insurance rebounds YoY in Q323, net income at $86m

The insurer’s net income stood at $86m, a rebound from the previous year’s $161m loss.

Everest builds Asia team with new S’pore CEO and a head of insurance

Swee Keong Mah will be the Singapore branch’s new CEO and will report to Tomi Latva-Kiskola, who has been appointed as head of Insurance Asia.

Mercer Asia appoints Robert Ronneberger as head of investment sales

He will expedite prospecting activities for Outsourced Chief Investment Officer (OCIO) services.

APAC’s insurance premiums to rise 2.3% in the next two years: Swiss Re

The region’s insurance premium growth is slightly higher than the world estimate of 2.2%.

Allianz Partners names CEO of Travel business

Anna Kofoed has 25 years of experience in the travel technology industry.

Global trade credit insurance market reaches $14b in 2022 – ICISA

Trade credit insurance serves as a vital risk management tool for businesses.

Aspen names new int’l head of cyber

He will continue to be based in the London office. 

Manulife surpasses Q3 performance expectations: Report

Analysts have estimated 83 cents per share for the quarter.

Munich Re records $3.9b profit in 9M23

The German reinsurer has been following the new reporting standards IFRS 9 and 17.

AXA XL appoints new CUO for APAC, Europe

She has extensive experience as an environmental liability underwriter.