APAC
IAIS sets ‘ambitious’ roadmap for the next two years
IAIS sets ‘ambitious’ roadmap for the next two years
This is to prepare insurance supervisors for the challenges ahead.
APAC’s motor insurance industry premiums to reach $294.2b in 2025
Growing sales of electric vehicles supported the recovery of premiums in 2021.
Happy holidays, one and all!
Insurance Asia will be back on 10 January 2022.
Technology tops risk for insurers in APAC
Multiple technology projects could put a strain on insurers.
Climate change pushes insurers to adopt ESG practices
21.6% believes climate change is the main driver for ESG practice adoption.
AIA pledges net zero GHG emissions by 2050
The firm’s emissions will be overseen by a climate committee.
Generali GC&C names Asia head of casualty underwriting
The new head has worked in several markets including Korea, Taiwan, and Hong Kong.
HSBC appoints global CEO of HSBC Life
Greg Hingston was the former wealth and personal banking head in Hong Kong.
9 out of 10 of insurers worried over climate risks
Insurers said this will have a significant impact on portfolio construction.
Willis Towers Watson’s Clare Muhiudeen appointed head of Asia
Muhiudeen will be based in Hong Kong.
Evolving risks means more volatility for APAC reinsurers: report
An analyst warns that these could cause some of the data for pricing risk to become obsolete.
AXA revenue leaps by 7% to $87.76b
The insurer's Asia revenue grew by 8%.
Allianz Asia Pacific appoints new regional head
Former regional CEO Solmaz Altin has decided to leave the company after 13 years.
Manulife Q3 net income drops 23% to $1.59b
However, YoY results saw an increase of 18% compared to 2020.
Asia commercial insurance prices climbs by 6% in Q3
Meanwhile, global commercial insurance prices increased by 15%.
Sun Life appoints new president of Asia business
The financial veteran will be responsible for the health and wealth management businesses.
The ABC’s of embedded insurance
A SOMPO executive discusses how this market is taking a slice of the insurance industry's $6.4t pie.
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Industry experts push for the rapid progress of unified customer data as a starting point.
