Non-life

Lao PDR renews parametric flood cover with SEADRIF

February 5 2024

Renewed policy doubles number of flood level triggers to four.

FWD Group trims workforce by 50 in push toward profitability - report

February 2 2024

Anonymous sources told Reuters that workforce has been trimmed by 50, primarily affecting its Hong Kong and Singapore operations.

vc-technology-and-adaption-key-to-continued-insurance-expansion-in-gba-experts-say

VC, technology, and adaption key to continued expansion in GBA, experts say

February 2 2024

At the InsureTech Connect Asia Roadshow in Hong Kong, industry leaders discussed the potential and challenges of further tapping into the Greater Bay Area's insurance market.

perils-final-loss-estimate-for-auckland-anniversary-weekend-floods-hits-nzd-2-23bn

PERILS's final industry loss estimate for Auckland Anniversary Weekend Floods hits NZ$2.23bn

February 2 2024

Fourth and final insurance loss estimate reaches NZ$2.23bn (US$1.37bn), a 10% increase from PERILS third estimate in August.

Sunshine Insurance Group maintains credit ratings amid strong Life and P&C performance

February 2 2024

Chinese insurer's 1H 2023 sees 37% NBV increase and 97% COR, but Fitch warns of significant holdings of high-risk assets.

marsh-new-zealand-names-sammie-chan-as-asia-client-services-leader

Marsh launches Asia Client Services in New Zealand with appointment of Sammie Chan

February 2 2024

Chan joins from WTW in the role of Asia Client Services Leader, as Marsh expands the specialty practice in APAC.

ITC Forum: Insurers grapple with regulatory uncertainty, talent shortages as digital shift accelerates

February 2 2024

Industry practitioners at the InsureTech Connect Asia Roadshow in Hong Kong identified challenges they face in digital transformation.

Xavier Lo promoted to Director role at AXA Hong Kong and Macau

February 2 2024

Lo takes up new position as Operational, Information Risk Management and Internal Control Director at AXA.

RAA Chief Executive Tara Page joins ICA Board

February 1 2024

Page joins Insurance Council of Australia's board as Non-Executive Director.

nat-cat-infrastrucutre-and-health-demand-to-drive-vietnam-gi-growth

Nat Cat, infrastrucutre, and health to drive Vietnam GI growth

February 1 2024

GlobalData forecasts growth of segment to VND 98.3 trillion (US$3.9bn) in GWP by 2028.

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