Danny Lee appointed Chief Health Officer, while KC Cheung joins as Chief Product Officer, and Louisa Li takes on expanded role.
Insurance Commission has completed liquidation proceedings for the non-life insurer, with a contingency fund established to handle remaining claims.
Overseas growth, stronger results, and cat bond innovation define 2024–25, but Asia’s low insurance penetration leaves risks exposed.
The overhaul would be the agency’s first major restructuring since the abolition of its Inspection Bureau in 2018.
AM Best affirmed Malayan's ratings due to its strong balance sheet and investment portfolio, but warned about volatile underwriting results.
IRDAI is considering caps on annual health insurance premium hikes amid concerns over steep price increases for policyholders.
He brings over 16 years of industry experience, most recently serving as the Deputy Vice President of ICICI Lombard.
Prior to her move, Huang was based in Hong Kong as Manulife's AVP for the Asia In-Force Management team.
Cheong brings more than 25 years of experience in marine cargo underwriting.
Country's general insurance market grew 2.4% in July 2025, but accretion and marine slumped, while health lost momentum.
Australia's prudential regulator has outlined measures to address rising reinsurance costs and reduce regulatory compliance burdens for insurers as part of its latest corporate strategy.
Operating profit, capital ratio, and embedded value all rose for the pan-Asian insurer.
