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Bank Negara Malaysia launches code of conduct for motor insurance claims

January 7 2025

The Insurers and Takaful Operators-Repairers Code of Conduct establishes minimum standards around motor claims settlements.

am-best-assigns-ratings-to-min-xin-insurance-amid-top-line-growth-and-sustainied-net-profits

AM Best assigns ratings to Min Xin Insurance amid top-line-growth and sustained net profits

January 7 2025

Ratings agency assigns Hong Kong and Macau insurer an IFS Rating of “B++” and an ICR Rating of “bbb+”, both with a stable outlook.

markel-taps-zurichs-jack-taylor-for-newly-created-broker-engaement-role

Markel taps Zurich's Jack Taylor for newly created broker engagement role

January 7 2025

Taylor joins specialty (re)insurer as Executive, Distribution Strategies and Business Development for Asia Pacific.

India extends crop insurance schemes to 2025-26

January 7 2025

The government also announced new technology initiatives to improve crop insurance efficiency and weather forecasting for farmers nationwide.

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Zurich Singapore launches embedded travel solution through CDG's ride-hailing app

January 6 2025

Zurich partners with ComfortDelGro to offer insurance via the CDG Zig ride-hailing platform.

Etiqa reintroduces Takaful product in Singapore

January 6 2025

Etiqa launches first Takaful product in over ten years, partnering with Maybank Singapore for distribution on the Shariah-compliant investment-linked plan.

Labuan Re appoints Zaid Aziz Ibrahim as Officer in Charge

January 6 2025

Ibrahim had been serving as Chief Underwriting Officer and Senior Vice President for the reinsurer.

koreas-life-insurance-industry-to-top-us140bn-by-2029-globaldata

Korea’s life insurance industry to grow steadily to US$140bn by 2029: GlobalData

January 6 2025

South Korea's life insurance market is set to grow to KRW206.2 trillion by 2029, driven by economic recovery and an ageing population.

prudential-appoints-ray-farris-as-chief-economist-for-eastspring-investments

Prudential appoints Ray Farris as its first Chief Economist

January 6 2025

Newly created role will see Farris provide economic analysis and insight for both Prudential and its asset management arm, Eastspring Investments.

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AM Best assigns Japan P&I Club 'A-' rating

January 6 2025

Improved combined ratio and strong capitalisation underpin P&I Club's stable outlook.

Christina Ong joins Lockton Asia as Executive Director

January 6 2025

Ong joins from Price Forbes Asia where she was Chairman.

Sedgwick announces new leadership appointments in Japan and Taiwan

January 6 2025

Shuji Tanaka (left) and Cameron Lee (right) named as CEOs for Sedgwick Japan and Taiwan, respectively.

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