Business type

Life insurers roll out relief measures for flood-affected policyholders in Malaysia

December 13 2024

These measures include extended premium payment timelines, interest waivers, and fee exemptions to support policyholders in recovery.

sun-life-appoints-benjamin-deng-in-newly-created-role-of-president-of-asia-asset-management

Benjamin Deng to join Sun Life in newly created role of President of Asia Asset Management

December 13 2024

Deng moves from Ping An Insurance where he was Group Chief Investment Officer.

Bao Minh to maintain operating profit in 2024, despite Yagi losses

December 13 2024

AM Best affirms ratings, with Vietnamese insurer benefiting from reinsurance dependence and steady investment returns.

AM Best revises Starr Thailand's outlooks to positive, citing group integration strategy

December 13 2024

Insurer has seen improved underwriting results since being acquired by Starr Group in December 2022.

half-of-australian-insurers-have-now-set-2030-operational-net-zero-ica

Half of Australian insurers have now set 2030 operational net-zero targets: ICA

December 13 2024

Figure represents a 10% increase from 2023, however a significant number are yet to set targets for their claims supply chain, underwriting, and investments.

AM best upgrades Provident Insurance's ratings amid "significant" tech investment

December 13 2024

Investment in IT and pricing capabilities has elevated 2024 expense ratio but will aid execution of company's growth plan.

nippon-life-to-acquire-resolution-life-for-us8-2bn-in-landmark-deal

Proposed Resolution Life acquisition likely to propel Nissay's core profit by US$328m: Fitch

December 13 2024

US$8.2bn mega deal is expected to enhance Nippon Life's global diversification and credit profile.

alexander-liu-takes-on-vice-president-for-cyber-and-financial-lines-role-at-msig-asia

Alexander Liu joins MSIG Asia as VP for Cyber and Financial Lines

December 12 2024

He joins after a five-year stint with Munich Re, offering global reinsurance and underwriting experience and expertise.

lonpac-may-see-constrained-underwriting-margins-in-the-medium-term-am-best

Lonpac Insurance may see constrained underwriting margins in the medium term: AM Best

December 12 2024

Reinsurance costs and pricing liberalisation may impact underwriting, but operating performance is expected to remain strong.

Investments drive Qianhai Re's 77% 2023 net profit surge: AM Best

December 12 2024

AM Best affirms ratings, pointing out the reinsurer has sustained an average ROE of 4.3%. from 2019 to 2023.

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