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Tokio Marine Holdings acknowledges improper conduct, implements reforms
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 corporation.
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..
Allianz Partners taps Jacob Fuest as chief markets officer
His role will focus on driving profitable growth across Allianz Partners' business units worldwide.
HSBC Life Hong Kong issues most expensive life insurance policy
The Hong Kong insurer has issued policies worth at least US$50m over the past year.
Asian economies at higher financial risk from climate hazard intensification, warns report
The Swiss Re Institute emphasised insurance’s role in risk mitigation.
Association predicts 2.0%-4.0% growth for Thai life insurance
The industry forecast is within the government’s target of 2.2% to 3.2% for 2024.
Fusion Specialty gets new managing partner for APAC
Steven Harwood has over 11 years of experience covering W&I, Tax Indemnity, and contingent liability risks.
Higher interest rate risk pressures HSBC Life SG's capital buffers
S&P Global Ratings expects the insurer’s relationship with its parent company will remain strategic due to its regional exposure.
Moody's forecasts strong performance for Dinghe Insurance
The ratings agency said Dinghe Insurance’s limited market share outside of CSG's business is seen as a weakness.
Long-term insurance drives Samsung Fire & Marine’s 2023 profit growth
Revenues climbed 6.9% for the year.
India’s life insurance premiums fall in January
In the nine months to January, 21.3 million were pencilled in.
Optimism remains despite high rates and M&A uncertainties: Clyde & Co.
Challenges persist from 2023, even on Hong Kong’s new capital regime.
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Industry experts push for the rapid progress of unified customer data as a starting point.
