AIA Singapore's Chief Customer and Digital Officer will join AIA Philippines as CEO designate, bringing two decades of experience with the insurer when she commences the role on 1 December 2023.
In response to a critical need for financial counselling, identified by the Hayne Royal Commission, the Australian insurance industry pledges AU$30m (US$19.67m) to support an increase in services and accessibility...
AM Best reaffirms China Re's 'A' ratings with a stable outlook, acknowledging its dominant position, successful Chaucer integration, strategic international growth with Chaucer, and influential government...
Improving underwriting results and turn around in investments see QBE's IFS and IDR ratings affirmed even in the face of higher nat cat costs and weaker performance in North America.
Market has seen deceleration, but technology and growing middle class provide opportunities for insurers to refine strategies and capitalise on rising protection gap.
Insurers and consumers in New South Wales are set to benefit from the reform, with estimates of potential premium reductions up to 15% for home owners and up to 23% for businesses.
Improved profitability, fueled by returning demand from mainland Chinese customers, and strong solvency ratio cement FT Life's ratings, despite uptick in risky assets.
China's life market is poised to reach CNY5.6 trillion (US$893bn), driven by economic recovery and the needs of its ageing population, according to GlobalData.
