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NFRA chief urges China's insurance industry to innovate and expand
June 19 2024
Speaking at the 15th Lujiazui Forum, Li Yunze emphasised the key role insurance will play in China's modernisation efforts.
Marsh launches Centre for Climate Adaptation and Resilience Excellence in Singapore
June 19 2024
New centre will offer data, expertise, and insurance to help businesses adapt to climate change.
Philippines' GI market to grow 9.5% annually through 2028, forecasts GlobalData
June 19 2024
Construction activity, rising vehicle sales, and increasing nat cat losses among key growth drivers.
Zurich completes 70% stake acquisition of Kotak General Insurance for US$670m
June 19 2024
"India's insurance market offers immense potential, and together with Kotak, we are committed to supporting its growth and development," says Zurich APAC CEO Tulsi Naidu.
QBE promotes Jeremy Lau to Chief Underwriting Officer for Asia
June 19 2024
Lau has been with QBE Asia since 2016 and has been serving as Chief Actuary.
Delta appoints Joleene Dawson as Group Head of Underwriting
June 19 2024
Dawson joins after 14 years with Chubb.
Japan's major non-life insurers report profit surge for FY2024
June 19 2024
Profits double, while net premiums rise, driven by strong overseas performance and yen depreciation.
Major Japanese life insurers see rise in premiums and core business profits in FY 2024
June 19 2024
FSA data shows increased premium and net income for FY24, driven by higher single premium insurance sales and rising domestic interest rates.
Qubit Underwriting expands into global marine and energy reinsurance with key hire of Long Xu
June 19 2024
The MGA expands its specialty risk portfolio, with Xu appointed Executive Vice President and Chief Underwriting Officer, Reinsurance.
NSW budget allocates AU$5.7bn for flood recovery and resilience
June 18 2024
Budget includes AU$5.7bn (US$3.77bn) for flood recovery, housing, and infrastructure projects over the next four years.
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