AM Best maintains China Taiping Insurance (Singapore)'s A (Excellent) rating, attributing the steady evaluation to favourable investment performance and ongoing financial backing from TPG Group, even though...
AFCA's 3rd edition of its Systemic Issues Insights Report highlights several concerns within insurance, from incorrect handling of insurance claims to insufficient information provided to non-English speaking...
Rising interest rates, competition from ‘Super-apps’, and consumer preference for better service are challenging the growth of bancassurance in Southeast Asia.
The former member of parliament and CEO of Financial Advice NZ will move to Melbourne and officially commence her new role in Jan 2024, following a transition period with outgoing CEO, Prue Willsford.
After its first loss in 2022, the Hong Kong-headquartered reinsurer bounced back to achieve record profit in H1 2023; though AM Best maintained a negative outlook —warning of potential contagion risk due...
A report by consultants Capgemini show the population aged over 50 is projected to double from 1990 to 2050 — with life insurers facing the prospect of substantial AUM outflows to beneficiaries.
GlobalData projects a compound annual growth rate of 11.3%, driven by growth in construction and energy sectors as well as rate increases due to frequency of nat cat events.
The Indonesian insurer, which mainly underwrites risks for Samsung affiliates and other Korean ventures, boasts a strong operating performance and considerable support from majority owner, Samsung Fire...
The purchase will strengthen bolttech's operations in Europe, Asia, and Africa, including expansion of its footprint to four new countires: Poland, Croatia, Lithuania, and South Africa.
