Cheung will bring extensive experience to her new role, gained from senior roles at AXA, Cigna, adidas Group, Coca-Cola Company, and McCann WorldGroup.
Shinhan EZ General Insurance will enter Indonesia through a partnership with PasarPolis's Tap Insure, with an initial focus of servicing Korean firms that operate within Indonesia.
The regulator is aiming to study and propose improvements for the channel, as one of ' reaching the last mile' and making insurance products available to 'every nook and corner' of the country.
Marble Reinsurance Corporation's credit ratings are again affirmed, supported by a strong balance sheet, strict underwriting discipline and a five-year average combined ratio of 59%
AM Best upgrades ERGO Insurance's credit ratings to A+ (Superior), noting the important role in parent company Munich Re's Southeast Asia growth strategy.
Underwriting discipline, climate change and gen AI all featured prominently on the agenda as industry gathered for Asia’s largest (re)insurance conference.
The deal would be the largest foreign investment in India’s insurance sector and follows regulatory changes in 2021 which made foreign ownership possible in the space.
Tadmoury has been with the commercial property insurer for over three decades and will take over from James R. Galloway, who retires on 31 Dec after 37 years of service.
