Non-life

APRA imposes additional capital requirement on Pacific International Insurance

November 1 2024

Additional AU$10m (US$6.58m) requirement applied after review finds inadequate oversight and control of its insurance intermediary arrangements.

mainland-chinese-turn-away-from-hong-kong-health-insurance-post-covid

AFCA data shows 5% increase in complaints for Australia's GI industry

November 1 2024

GI grievances up in 2023-24, but life insurance complaints decreased by 4% over the same period.

legacy-system-upgrade-headaches-worth-it-for-long-term-gains-say-panellists

Legacy system upgrades worth pain for long-term benefits, say tech experts

October 31 2024

Technology leaders at Hong Kong FinTech Week highlight strategic approaches to modernising legacy systems.

Qubit taps Damian Lynch as new Chief Underwriting Officer of Digital Asset Insurance

October 31 2024

He joins a four-year stint with Fusion Specialty, where he was most recently Managing Partner.

Taiwan braces for Typhoon Kong-Rey with evacuations and closures

October 31 2024

Taiwan shuts down as Super Typhoon prompts evacuations and fears of landslides and flooding.

Rates easing but APAC remains an attractive growth prospect for reinsurers - S&P

October 31 2024

S&P forecasts stable credit ratings for APAC reinsurers despite geopolitical and natural catastrophe risks.

Integrating sustainability in insurance requires an ecosystem approach, say panellists

October 30 2024

Experts at Hong Kong Fintech Week emphasised the role of insurers in addressing demographic and climate challenges through sustainability and risk prevention.

Allianz Trade launches Surety Green2Green initative

October 30 2024

Initiative aims to back low-carbon projects and channel premiums into green bonds.

education-and-technology-key-to-scaling-parametric-solutions-panelists

Education and technology key to scaling parametric solutions: panellists

October 30 2024

Experts at Hong Kong Fintech Week discussed potential solutions to Asia's growing protection gap.

p-and-i-clubs-heading-for-5-rate-rises-in-2025

P&I Clubs heading for 5% rate rises in 2025 - S&P

October 30 2024

Despite low level of claims in recent years, marine rates are are likely to rise again next year.

insurer-investment-into-insurtech-has-had-significant-impact-but-challenges-remain-panellists

Insurer investment in insurtechs has had 'significant impact', but challenges remain

October 29 2024

Importance of insurer insurtech collaboration is growing, say panelists at Hong Kong Fintech Week.

wtw-launches-crb-brokerage-service-in-japan

WTW launches CRB insurance brokerage service in Japan

October 29 2024

Corporate Risk & Broking expansion targets large corporates and firms with global interests, in specialty lines such as energy, marine, aviation, cyber, and construction.

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