Life and Health

sampp-affirms-allianz-australias-rating-on-strong-capital-position

S&P affirms Allianz Australia’s rating on strong capital position

October 16 2024

S&P's revised criteria highlight Allianz Australia's risk diversification benefits and parental support.

Maya Dongyoung Lee joins Sompo as Chief Operating Officer for APAC

October 16 2024

Lee joins from Manulife, where she was COO for the Philippines.

indias-competition-commission-greenlights-the-central-bank-indias-future-generali-deal

India’s competition commission greenlights Central Bank of India’s Future Generali deal

October 16 2024

Competition Commission of India approves bid for 24.91% and 25.18% stakes in Future Generali's insurance units as part of insolvency resolution process.

scor-elevates-paula-bourke-to-ceo-of-life-amp-health-australia

SCOR elevates Paula Bourke to CEO of Life & Health, Australia

October 16 2024

Bourke first joined the reinsurer in 2016.

allianz-says-it-will-work-closely-to-consider-revisions-to-proposed-allianz-income-deal

Allianz says it will work closely with stakeholders to consider revisions to Income acquisition

October 16 2024

People close to the situation reportedly described the Government's decision to halt the deal as a “total shock.”

gallagher-re-announces-new-leadership-appointments-in-asia

Gallagher Re announces key life and health appointments for Asia

October 15 2024

Global reinsurance broker has hired Sanjeeb Kumar as Chairman of L&H, India and Addise Li joins as Head of L&H Reinsurance for China and Hong Kong.

Hong Kong insurers’ solvency ratios halve under RBC

October 15 2024

The addition of several additional risk management metrics has significantly reduced Hong Kong insurers capital levels under the new regime.

Singapore will amend Insurance Act following rejection of Income-Allianz merger

October 15 2024

Amendment will create legal basis for input from minister overseeing co-operatives on deals involving co-op-related insurers.

Thai central bank open data project includes insurance sector

October 14 2024

Thailand's 'Your Data' project, led by the Bank of Thailand, aims to enable secure digital data sharing in finance across financial firms.

allianz-makes-offer-to-acquire-majority-stake-in-singapores-income-insurance

Allianz's acquisition of Income called off

October 14 2024

Singapore government has intervened in deal in its current form, saying it is not in the public interest.

Korean insurers face IFRS 17 pressure from interest rate cuts

October 14 2024

Recent interest rate reduction by Bank of Korea could impact insurers' profitability.

emering-asias-middle-class-women-have-appetite-to-spend-more-on-insurance-peak-re-report

Emerging Asia’s middle class women have appetite to spend more on insurance: Peak Re report

October 14 2024

There is a "significant opportunity" for insurers to develop products that provide financial security and resonate with priorities of the demographic.

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