Business type

Tower CEO Blair Turnbull to step down in February 2025

November 1 2024

NZ insurer has initiated search for a new CEO, with Turnbull set to step down after Tower's annual shareholder meeting.

haushofer-hands-over-reins-with-law-and-beedle-appoitned-chair-and-deputy-chair-of-SRA

Haushofer hands over the reins as Law and Beedle appointed Chair and Deputy Chair of SRA

November 1 2024

Marc Haushofer officially passes torch to Kenrick Law following eight years as head of the Singapore Reinsurers' Association.

QBE Asia promotes Jeyasakthi Ratnasingam to Head of Risk and Compliance

November 1 2024

Ratnasingam has been with QBE since June 2022 and was serving as Head of Compliance in Malaysia.

Regulator fines Japan's major non-life insurers for price-fixing

November 1 2024

JFTC has imposed fines totalling ¥2bn (US$13m) and issued cease and desist orders over anti-competitive activities.

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

November 1 2024

Swiss Re’s Head of Hong Kong and Taiwan says that sales of life insurance and savings products are still booming.

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.

fubon-life-managing-hedging-costs-costs-amid-rise-in-forex-risk-sampp-global

Fubon Life managing hedging costs costs amid rise in forex risk: S&P Global

October 31 2024

AM Best has affirmed the Taiwanese insurer’s ‘A-’ ratings, expecting overall capital and earnings strength to remain satisfactory for the next two years.

aia-tops-global-mdrt-rankings-for-tenth-consecutive-year

AIA Group achieves record Q3 value of new business

October 31 2024

AIA Group says its VONB rose 16% year-on-year to US$1.161bn, a record for the group.

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.

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