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Life and Health
Bupa HK appoints Raymond Young as Director of Distribution and Sales, Medical Insurance
January 3 2025
Young will lead Bupa Hong Kong’s insurance sales team in his new role.
BNM directs insurers to spread health premium hikes over three years
January 3 2025
Regulator directs insurers, takaful operators to stagger hikes following backlash over expected single year hikes of between 40 to 70%.
Singapore’s personal A&H industry set to hit US$8.6b by 2029: GlobalData
January 2 2025
The sector is expected to grow at a rate of 6.6% annually.
2024: The year in review
December 31 2024
Cyber, renewable energy and aviation / marine are just some of the areas that stood out this year.
Doha Insurance Group opens branch in India
December 31 2024
Qatari (re)insurer Doha Insurance Group receives approval to establish branch in India’s GIFT City, expanding its international presence.
Swiss Re elevates Aisyah Fuad to Market Head Southeast Asia (South)
December 31 2024
Fuad has been with the reinsurer since 2011.
S&P withdraws 'CreditWatch negative' from Income following Allianz deal withdrawal
December 30 2024
The ratings agency affirmed Income Insurance's ‘AA-’ rating with stable outlook after Allianz's failed acquisition bid, citing continued Singapore government support.
OCBC Bank sells its entire one-third stake in Hong Kong Life Insurance
December 30 2024
Singapore bank divests its stake in Hong Kong Life Insurance to Yue Xiu Enterprises for HK$589.3m amid insurer's strong premium growth in 2024.
Insurers in Singapore reassure policyholders amid NRIC security concerns
December 24 2024
However industry is reviewing the use of National Registration Identity Card numbers and some processes may change as a result.
S&P assigns PCA Reinsurance 'AA-' rating
December 23 2024
Ratings agency highlights the captive's critical role in Prudential’s capital and risk management strategy in Asia and Africa.
HK Insurance Authority reappoints Stephen Yiu as Chairman
December 20 2024
The regulator has also announced several appointments and reappointments of non-executive directors.
bolttech raises US$100m in Series C funding, led by Dragon Fund
December 20 2024
Latest funding round expected to exceed US$100m and puts insurtech's value at US$2.1bn.
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