insurance

CEO on mounting regulatory challenges for APAC insurers

CEO on mounting regulatory challenges for APAC insurers

Guy Carpenter’s Tony Gallagher said adopting a multi-faceted approach is key to navigating the ever-evolving IFRS 17 requirements.

Leaders compare notes on role of customer experience in insurance growth

Experts at the IA Forum revisit the importance of customer choice in tech adoption.

Chubb's Q2 2024 net income jumps 24.3% YoY to $2b

The region’s P&C net premiums surged by 33% YoY.

WTW appoints new lead for M&A in APAC, Africa

He has worked as a lawyer at Norton Rose and co-founded Risk Capital Advisors.

Manulife Hong Kong partners with T. Rowe Price on new income fund

It aims to pay a monthly dividend with the latest annualised yield for Class Ax at 6.89%.

CrowdStrike incident unlikely to impact global insurer finances

Industries requiring 24/7 availability will be more affected, especially in APAC.

Nan Shan holds 12% market share in Taiwan's insurance

The insurer's total capital increased due to narrower unrealised losses in 2023

Allianz’s acquisition won’t have impact on market: Fitch Ratings

This deal will make it the largest property and casualty insurer in Singapore.

Cyber insurers examine common tech dependencies after crash

Guy Carpenter will assess the impact on tail risk and the $15.5b industry.

CHIC's solvency ratio falls below industry average in Q1 2024

CHIC is expected to slow premium growth in 2024.

Korean insurers face volatile investment returns under new IFRS

Stricter K-ICS risk charges prompt portfolio adjustments.

ZAIL's outlook stable, reflects parent Zurich Insurance's status

ZAIL’s capital adequacy remains strong at the 99.99% stress level.

Re/insurers reevaluate policies after CrowdStrike system crash

Aon sees an opportunity to improve the granularity of policy information.

Prudential Financial Advisers aims for 1,000 reps by end of 2024

By the end of 2025, it hopes to see 1,500 representatives.

Cyber risk outshines industry threats, surpassing natural disasters

As more firms store data, they become more vulnerable to attacks.

MAIPARK focuses on earthquake risk, enhances buffers

The Indonesia insurer’s profitability improved in 2023.

First Insurance Limited’s position weakest in peer group

Fitch assesses New Zealand and Australian life insurers in a peer review.