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Meiji Yasuda to acquire American Heritage Life Insurance for US$2bn - report
August 14 2024
The acquisition, which is set to be finalised by June 2025, is part of a broader strategy by Japanese life insurers to expand abroad.
Floss Cheng returns to Aon as Head of Claims, Hong Kong
August 14 2024
Cheng joins after five years with Howden.
PasarPolis eyes Singapore launch as part of Southeast Asia expansion
August 13 2024
Insurtech aiming for 50% CAGR and full product underwriting within the next four years.
Manulife Singapore launch InvestReady Growth
August 13 2024
The new plan aims to address financial concerns highlighted by Manulife's Asia Care Survey 2024.
Mortality protection gap in China narrows as life insurance penetration rises
August 13 2024
Swiss Re reports a 6% reduction in China's mortality protection gap last year, though significant regional disparities remain.
Andrew Yeung appointed as Head of D&O for Newline Australia
August 13 2024
The move marks Yeung's return to Sydney after a decade in Melbourne.
Rising repair costs threaten to dent aviation insurers' profits
August 13 2024
Aviation repair costs are on the rise but a drop in ‘mask rage’ has seen cabin disruption claims fall since the Covid 19 pandemic ended.
Allianz CEO anticipates double-digit ROI from Income Insurance acquisition
August 13 2024
CEO Oliver Baete sees growth opportunities in underwriting, claims, and product design, and emphasises acquisition is a partnership, "not a sellout."
Lloyd’s and Lloyd’s China's ratings upgraded following improved underwriting performance
August 12 2024
Expense ratio continues to be higher than peers, but actions are being taken to reduce the cost of placing business at Lloyd’s, says AM Best.
Higher living costs, mental health concerns drive demand for affordable life insurance in Australia: CALI
August 12 2024
New study from the Council of Australian Life Insurers highlights need for financial advice and accessible information about life insurance products.
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