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Life and Health
IRDAI mandates implementation of Unified Payments Interface system for premium processing
February 21 2025
Indian regulator has instruction all insurers to implement Bima-ASBA, a UPI-enabled system, by 1 March.
Noor Azam bin Mohd Yusof named CEO of Sun Life Malaysia Takaful
February 21 2025
Yusof previously served as CEO of AmMetlife Takaful.
Japan insurer M&A deals eclipse Asia Pac market in 2024
February 21 2025
Nippon Life’s $8bn December move for Resolution Life was twice the size of five largest 2024 Asia Pac M&A deals combined.
Zurich APAC reports 12% P&C premium growth, 4% for Life in 2024
February 20 2025
Insurer's P&C COR for the region improved to 92.9% last year.
IRDAI establishes committee to review insurance act amendments: Report
February 20 2025
Former State Bank of India (SBI) Chairman Dinesh Khara to lead panel, which contains industry and regulatory experts.
Sun Life signs HK$10m deal with Basketball Association of Hong Kong, China
February 20 2025
The three-year partnership aims to build a professional and sustainable basketball ecosystem in Hong Kong.
GlobalData projects Vietnam life industry to decline again in 2025
February 20 2025
GlobalData projects industry will contract by around 1.3% following declines of 12% in 2023 and around 5.7% in 2024.
Nepal Re looks to scale new, international peaks with AM Best rating
February 20 2025
The Katmandu headquartered firm is aiming to be the first A rated reinsurer in Nepal.
Generali-backed The Human Safety Net foundation launches Thai initiative
February 19 2025
Project aims to ensure Gen Y and Gen Z parents in Samut Prakan province are well equipped for their children’s development.
Kresh Wright takes on newly created Head of Product and Proposition, Group Life role at Zurich Australia
February 19 2025
Wright joins after working 17 years with Swiss Re, most recently as Head of Life and Health.
Sun Life Asia names Georgina Farrell as Chief Human Resources Officer
February 19 2025
Farrell will join the Asia Executive team and HR Executive team.
Dai-ichi Life’s stability backed by 46% surge in parent’s capital
February 19 2025
AM Best affirmed Dai-ichi Life’s ratings, citing strong capitalisation and stable performance.
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