Business type

new-zealand-secures-nz10-3bn-in-reinsurance-to-protect-homeowners-from-natural-disasters

NZ's Natural Hazards Commission secures NZ$10.3bn in reinsurance for 2025 renewal

June 9 2025

Figure is NZ$1.15bn (US$690m) higher than the previous year's total reinsurance cover.

markel-taps-aons-sucheng-chang-as-asia-pacific-managing-director

Markel taps Aon’s Sucheng Chang as next Asia Pacific Managing Director

June 9 2025

Chang will relocate to Singapore to lead Markel’s APAC operations.

report-thai-insurers-on-edge-as-ev-risks-mount-amid-neta-parents-financial-troubles

Thai motor insurers on edge as Neta Auto's finances worsen: Report

June 9 2025

Thailand’s insurers, under strain from rising EV costs, now face fresh uncertainty due to concerns about the parent company of an EV manufacturer.

chubbs-james-brown-to-lead-major-accounts-division-in-asia

Chubb's James Brown promoted to lead Major Accounts in Asia

June 9 2025

Brown will take up the new remit in addition to maintaining his post as Head of Global Broking, Asia.

australian-federal-court-rules-in-favour-of-auto-general-in-asic-legal-battle-over-policy-terms

Australian court dismisses ASIC appeal against Auto & General’s ‘unfair’ insurance clause

June 9 2025

Decision follows regulator's claims that policy wording placed unclear obligations on customers across several major insurance brands.

spike-in-significant-breaches-highlights-systemic-weaknesses-in-australias-life-insurance-sector

APRA, ASIC report early progress on life insurer reforms

June 9 2025

However regulators added that the long-term impact on the reforms remain to be seen.

former-china-construction-bank-manager-charged-with-bribery-linked-to-vesttoo-related-fraud

Hong Kong authorities charge former CCB employee in Vesttoo case

June 9 2025

Charges relate to alleged acceptance of over US$470,000 in cryptocurrency to supply false letters of credit.

manulife-to-shift-legal-domicile-from-bermuda-to-hong-kong-report

Manulife set to become second insurer to redomicile in Hong Kong under new regime

June 7 2025

Planned move comes following recent legislative reforms that simplify the process for companies to re-domicile to Hong Kong.

Hyper-personalisation introduces new challenges for insurers, even as it brings benefits

June 6 2025

Insurers need to balance hyper-personalisation against the risk of fragmenting risk pools into statistically unreliable segments, industry experts say.

OCBC offers US$699.7m for remaining 6.28% stake in Great Eastern ahead of delisting vote

June 6 2025

The offer requires approval from 75% of minority shareholders to proceed.

Manulife Philippines, Chinabank renew bancassurance partnership

June 6 2025

The partnership has been renewed for another 15 years.

Lay Hoon Tan takes on CEO role at Sun Life Vietnam

June 6 2025

Tan is stepping into her new role after a 10-year tenure with Manulife, most recently as Chief Risk Officer for Vietnam.

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