insurance
CMB Wing Lung gains support from China Merchants Group
CMB Wing Lung gains support from China Merchants Group
AM Best sees its balance sheet boosted by strong risk-adjusted capitalisation.
China boosts healthcare with 95% insurance stability
744 drugs have been added to the insurance catalogue.
GWP of Sri Lankan insurers witness 8.38% YoY in Q4’23
Claims incurred totalled Rs137b.
Surer partners for new agent indemnity insurance
The coverage protects agents from claims related to their services.
Crawford and Company unveils new Asia president
He is rejoining the company after working with a multinational competitor adjusting business.
FWD Life Insurance ranks among the top insurers in the Philippines
It accumulated a total of $81m in NBAPE.
How insurance can aid potential exposures under new patent system – Aon
China's IP office received around 1.62 million patent applications in 2022.
Tune Protect Group CEO resigns
Rohit Nambiar plans to take a career break.
IAG apologizes for payroll mishap, ensures fix
The issue was due to its manual submission of entitlement claims.
Allianz Partners establishes presence in GIFT City
It is the first foreign reinsurer to operate in the area.
Taiwan’s property insurance to spike after 7.4 quake spurs millions in losses
Taiwan's general insurance industry's profitability isn't likely to be significantly affected.
Allianz Trade’s global WCR hits 16-year high
The rise was due to high inflation and financing costs.
Australia's life insurance to grow 5.9% CAGR by 2028
Favourable macroeconomic and demographic factors will be catalysts for its 2024 performance.
Samsung Fire & Marine halts bancassurance after 20 years: Report
The FSC reports a 15% decline in bancassurance income for Korean non-life insurers.
Suncorp sells NZ life insurance business
The sale was valued at NZ$410m.
Howden Tiger marks new era with rebranding
It will now be called Howden Re.
Canopius reels in new CEO for APAC, MENA
Soon Keen Lee is expected to join Canopius before the end of Q2’24.
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