News

Noto Earthquake claims reach $578.2m in May

Of the total claims collected, 68.7% were paid.

Indian life insurance market expands 12% YoY in May

The overall medium-term outlook remains positive.

AllianzGI gets new CIO for fixed income

Michael Krautzberger will succeed Franck Dixmier.

Gig worker platform offers paid leaves, underwritten by Etiqa

80% of the surveyed wanted traditional benefits.

Japan's life insurers see profit rise amidst lower claims

The industry is projected to deliver better core profits in FY2024.

Swiss Re identifies 16 emerging insurance risks

Its latest report warns that the majority of these risks are becoming more intertwined.

HKIA updates capital rules

The updated guidelines are effective 1 July.

Prudential announces new lead for data, analytics and AI

Grace Park has more than 20 years of industry experience.

APRA sets 2025 start for new risk standards

The Practice Guide CPG 230 aims to support the management of financial institutions.

IRDAI unveils major life insurance reforms

Key changes focus on clarity, alternative options, and reinforced governance.

Manulife prices S$500m notes due 2034

The notes have a fixed 4.275% interest rate.

How the insurance industry supports Asia in net-zero transition

Asia has been warming faster than the global average.

Zurich pays over $1.53b in life insurance claims in 2023

Lifetime cost estimates for spinal cord injury ranged between $6.8m and $12.9m.

Geneva Association elects CEO of AIA as chairman

Three new board members represent Tokio Marine, BNP Paribas, and Achmea.

China’s pension system reels 60 million new individuals

Presently, 762 products are offered in the new pension system.