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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, September 26, 2026

Life and Health

woori-to-acquire-tongyang-and-abl-life-from-chinas-dajia-insurance-group-report
Woori signs deal to acquire Tongyang Life and ABL Life for US$1.16bn
August 29 2024
Woori Financial Group aims to diversify portfolio with acquisitions, but faces regulatory scrutiny due to recent loan scandals.
apra-announces-internal-reorganisation-in-line-with-2024-2025-strategic-plan
APRA announces internal reorganisation in line with 2024-2025 strategic plan
August 29 2024
Australia’s prudential supervisor is set to reduce its frontline divisions from three to two, aiming to streamline the monitoring in the insurance sector.  
peak-re-sets-record-us200m-net-profit-in-2023
Peak Re reports US$124.2m net profit in H1 2024
August 28 2024
COR rises slightly, but reinsurer reports growth in L&H business, while P&C GWP increases to US$847.9m.
greg-hingston-to-succeed-khor-hock-seng-as-great-easterns-group-ceo
Greg Hingston to succeed Khor Hock Seng as Great Eastern's Group CEO
August 28 2024
Hingston (left) moves from HSBC to succeed Khor Hock Seng (right), who is set to retire on 31 October 2024.
Prudential
Prudential sees 1.4% decline in new business profit for 1H 2024 
August 28 2024
Group sees 9% increase in operating profit, but a drop in new business profit for the first half of th year.
sun-life-names-niall-grady-as-chief-risk-officer-for-asia
Sun Life names Niall Grady as Chief Risk Officer for Asia
August 28 2024
Grady brings decades of experience across enterprise, operational, and investment risk and moves to Sun Life from FWD Group.
indian-insurtech-insurancepadosi-raises-us500k-in-antler-led-funding-round
Indian's InsurancePadosi raises US$500K in Antler-led funding round 
August 27 2024
Insurtech plans to use the funds to enhance its AI-driven platform and expand its product offerings.
FWD
FWD Group report 14% year-on-year VONB growth for 1H 2024 
August 27 2024
FWD also posted US$223m in operating profits, driven by positive performance across all its geographic business segments. 
peak-re-appoints-peter-hammerli-as-head-of-business-operations
Peak Re appoints Peter Hämmerli as Head of Business Operations
August 27 2024
Hämmerli brings 25 years of reinsurance experience to the Hong Kong-headquartered global reinsurer.
chubb-recruits-alan-chiew-as-chief-information-officer-for-asia-pacific
Chubb recruits Alan Chiew as Chief Information Officer for Asia Pacific
August 27 2024
Chiew joins from Standard Chartered where he was serving as Global head of Technical for Digital Channels.
hard-reinsurance-market-to-remain-for-at-least-two-more-years-am-best
Hard reinsurance market to remain for ‘at least’ two more years: AM Best
August 27 2024
AM Best forecasts reinsurance hard market will persist due to climate risk, higher interest rates, and increased risk complexity.
taishin-and-shin-kong-announce-merger-amid-ctbc-takeover-bid
Takeover battle for Shin Kong Financial intensifies with CTBC’s new bid 
August 26 2024
CTBC makes new offer to acquire a majority stake in Shin Kong, with a premium above rival Taishin's offer.
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