News
ICA Board names new non-executive director
ICA Board names new non-executive director
She currently heads Swiss Re’s Australia and New Zealand division.
Pru Life UK Philippines showcases new office
Known as PRUHouse, it is a 2,600 sqm fully customised workspace.
Allianz Asia Pacific hires new COO
He was Prudential Malaysia’s former CTO.
Taiwan’s life insurance industry profits reports another drop in April
The non-life business also failed to beat its previous year’s record.
MSIG Asia appoints new EVP of business development and digitalisation
The new EVP will be based in Singapore.
Thai Life meets investors ahead of $1b IPO
The IPO is set to be the biggest in Thailand.
Chubb launches new occupational hazard insurance in Hong Kong
The insurer is also launching a new employee insurance benefit product for SMEs.
AIA Singapore introduces first Shariah-compliant ILP fund
Investment firm Franklin Templeton is a partner for this product.
Weekly Global News Wrap: Insurance premiums doubles for Ukraine war-exposed business; Health insurers owe 8.2 million people $1b
Dajiah mulls dump of luxury hotels to cash in on rising travel demand
Tokio Marine marine insurance cover sales surged by 31% in May
Total sales increased by 4.6% for the month.
Taiwan insurers mull injecting new funds as COVID-19 claims cut down profit
Two insurers plan to raise capital once their risk-based capital falls below 250%.
Igloo expands footprints in the Philippines
The insurtech firm facilitated 60 million protection plans in the country.
1 in 2 Hong Kongers said they have ‘no spare money’ for insurance
This is despite 80% saying they understood the importance of insurance.
Chubb and JA Assure launches cyber insurance platform for SMEs
The platform is currently available in Hong Kong, Malaysia, and Singapore.
India extends ‘Use and File’ system
This allows insurers to market products whilst waiting for regulator approval.
Monument Re acquires Zurich Singapore’s life business
Employees will be retained by the insurer.
India general insurance industry doubles growth rate in 2022
From 5% in 2021, it is forecasted to grow by 10.2% by end 2022.