insurance
Allianz Insurance Lanka welcomes new CEO
Allianz Insurance Lanka welcomes new CEO
Prashant Grover has over twenty years of experience in the financial services sector.
AIA HK, Macau CEO backs finance secretary's budget for financial sector
The insurer suggests tax deductions for insurance premiums to incentivise individuals to prioritise health protection.
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.
Allianz Partners taps Jacob Fuest as chief markets officer
His role will focus on driving profitable growth across Allianz Partners' business units worldwide.
Market Saturation and Competition: Obstacles in Singapore's Insurance Sector
There are five key challenges the Singaporean insurance landscape needs to address.
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.