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Life and Health
AmMetLife Appoints Rangam Bir as New CEO
May 11 2023
AmMetLife Insurance Berhad (AmMetLife) has named Rangam Bir as its new Chief Executive Officer (CEO). He takes over from Lee Jiau Jiunn, who retired from the company at the end of April. Bir brings...
Report: Dai-ichi Life and Nippon Life confirm shift away from US Treasurys in favour of Japanese bonds
May 11 2023
The approach is reflective of the broader investment appetite among Japanese insurers.
Generali sets sights on being the number one insurer in Malaysia
May 11 2023
Senior leaders Roberto Leonardi and Fabrice Benard spoke at Generali's official launch in Malaysia this week.
Manulife HK delivers 26% APE increase as group books first quarter under IFRS 17 and IFRS 9
May 11 2023
There was an increase in overall net income, however Manulife also saw a slight decrease in APE sales globally.
Li Yunze appointed as Party Secretary of China's newly formed National Financial Regulatory Administration
May 11 2023
The NFRA was established in March to replace the CBIRC. How it will impact domestic and foreign-owned insurers remains to be seen.
AIA's MediCard Philippines appoint Julian Mengual as new CEO
May 10 2023
The experienced executive has been promoted from Deputy CEO, after initially joining MediCard from Cigna in March.
India: Insurance CuES 2023 reveals that affordability is a major barrier to life insurance purchases
May 10 2023
The report, completed by Hansa research, also revealed the importance of regular contact and a personal touch.
Korea: Kyobo Life looking to enter non-life market
May 9 2023
Kyobo Life denied it was in talks with digital, non-life insurer Kakao Pay, but admitted it was considering expansion beyond life.
PineBridge Investments to manage FWD Singapore’s inaugural participating fund
May 9 2023
The launch coincides with FWD's 10th anniversary and aligns with a strategy to deliver products focused on savings and capital protection.
IRDAI proposes increased management responsibility for insurance advertisements
May 9 2023
The amendment would require insurers to have an i) Advertising Committee ii) Product Committee who work together to approve advertisements.
Gallagher Re: Insurtech is at an inflection point
May 9 2023
Mega-round funding is drying up and Insurtechs can no longer rely on loss-propping capital, but there's still plenty to be positive about.
Report: China Taiping Insurance leads US$43 million Series C funding round for Shanghai Kingstar Winning Software
May 8 2023
Cathay Capital Private Equity among others who are believed to have invested in the risk control solution provider for insurers.
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