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Life and Health
Manish Pahwa named Chief Compliance Officer at Future Generali India Life
July 12 2024
Experienced compliance professional Pahwa joins insurer to enhance regulatory practicies.
Tokio Marine reportedly suffers data breach
July 12 2024
Attack on an outsourced firm's server may have compromised the personal data of 63,200 policyholders.
Everest promotes Harry Townsend to Chief Ceded Reinsurance Officer
July 12 2024
Townsend sees role elevation six months after joining Everest as Head of Ceded Reinsurance, International.
AIA tops global MDRT rankings for tenth consecutive year
July 11 2024
AIA China, AIA Hong Kong, and AIA Thailand lead with the highest number of MDRT members globally.
Australian regulators issue final rules for Financial Accountability Regime
July 11 2024
ASIC and APRA release final update for the FAR, which is will go live for insurers from 15 March 2025.
Nine Asia Pac insurers to implement ICS framework by end of 2024
July 11 2024
Insurers including QBE, Tokio Marine, and Prudential will be subject to the new IAIS standard which will be applied in a two stage process starting in 2026.
Bank Negara Malaysia launches framework for digital insurers and takaful operators
July 10 2024
Central bank publishes DITO framework and will lift cap of five licenses to advance digitalisation within the insurance sector.
Aon promotes Marguerita Silitonga to President Director of Reinsurance Solutions for Indonesia
July 10 2024
Silitonga is elevated from her role as Senior Relationship Manager and Treaty Broker.
Chubb names Marcos Gunn as next Head of Asia Pacific
July 9 2024
Gunn succeeds Paul McNamee who has concurrently been elevated to the role of President of Overseas General Insurance.
MAPFRE RE names Alberto Estévez Allegue as Chief Representative Officer for Tokyo office
July 9 2024
Allegue brings over 12 years of experience within the MAPFRE group, including roles in Japan, China, and Madrid.
LIC increases stake in LIC Lanka to 93.75%
July 9 2024
Life Insurance Corporation (LIC) infuses LKR 500m (US$1.65m) into Sri Lankan subsidiary to meet statutory requirements.
India may raise foreign direct investment cap further - report
July 9 2024
Authorities reportedly considering increasing FDI cap for insurers beyond the 74% set in 2021.
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