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Life and Health
KGI Life’s capital strength rises to ‘Very Strong’ in 1H24
February 12 2025
Fitch affirms Taiwan insurer’s ‘A’ rating as risk-based capital ratio increases to 363% in 9M 2024.
James Ng promoted to CEO of Hannover Re’s Malaysian branch
February 12 2025
Ng first joined the reinsurer in January 2024.
Lockton names Tony Hardy as Asia CEO
February 12 2025
Hardy to suceed Warren Merritt, who is returning to Australia where he will maintain relationships with key clients of the business.
Nippon Life ahead of GHG asset management emissions reduction targets
February 12 2025
Japanese firm reduced total amount of GHGs in its investment portfolio by 45.9% in FY 2023/24, compared to 2010.
Indian insurers hedging options increase as RBI allows bond forward trading
February 12 2025
Firms currently hedge their interest rate exposure versus forward rate agreements which don’t facilitate physical delivery of the securities.
Meiji Yasuda buys L&G’s US protection businesses in US$2.3bn deal
February 10 2025
The deal is the second big overseas acquisition by a Japanese life firm in the space of three months.
Manulife Asia announces leadership reshuffle to support regional growth
February 10 2025
The insurer’s leadership changes include Dr. Kah Siang Khoo’s appointment as CEO of Emerging Markets.
Melissa Ammon named Chief Risk Officer at MLC Life Insurance
February 10 2025
Ammon had been serving as acting CRO since September 2024.
Watchdog to hold hearings on Malaysia's rising health premiums, hospital costs
February 7 2025
PAC inquiry follows public concern over medical inflation rate and previously planned premium hikes of up to 70%.
Zurich opens new branch to expand presence in Malaysia's southern region
February 7 2025
Johor Bahru branch will support Zurich's life, non-life, takaful, and family takaful segments.
Bupa eyeing larger stake in Niva Bupa Health insurance: Report
February 7 2025
Stakeholders "very excited" about potential for full control as FDI rule change looms.
Sustainability disclosures a 2025 priority for Hong Kong Green Finance Steering Group
February 6 2025
Group aims to ease SAR's adoption of standards such as IFRS S1 and S2.
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