Business type

aia-hit-with-us2-9m-fine-for-anti-money-laundering-system-lapses

AIA hit with US$2.9m fine for anti-money laundering process lapses

August 2 2024

HK$23m fine is largest issued by Hong Kong Insurance Authority, but no inappropriate sales to clients identified.

FWD Group expands financial literacy programme in Vietnam

August 2 2024

The expanded programme will now include training for parents and teachers and is set to benefit 25,000 students across eight Asian markets by 2024.

s-and-p-affirms-chubb-australia-amid-2023-net-profit-rebound

S&P affirms Chubb Australia's ratings amid 2023 net profit rebound

August 2 2024

Insurer returns to profit as S&P affirms 'AA-' ratings.

miller-strengthens-singapore-team-with-mindy-ng-as-transaction-risks-broker

Miller Singapore hires Mindy Ng as Transaction Risks Broker

August 2 2024

Ng moves from Lockton where she was VP of Transactional Risks.

Inside Ant Insurance’s strategy to digitise claims with foundational AI

August 2 2024

Ant Group is leveraging technology and vast Alipay user base to streamline claims and attract new demographics for carriers in China.

Fitch downgrades China United Property due to reduced likelihood of parent support

August 2 2024

Fitch assigns BBB+ rating, with ultimate parent struggling with asset quality and earnings amid China's property market downturn.

korean-life-and-non-life-insurers-struggle-to-finalise-mampa-deals

High valuations stall insurance industry M&A in Korea

August 2 2024

The country’s life and non-life M&A market continues to stagnate despite broader economic deal-making activity.

chris-mcdermott-to-lead-marsh-specialty-in-the-pacific

Chris McDermott takes on new role as Head of Marsh Specialty for the Pacific

August 2 2024

McDermott has been with the broker for nearly a decade.

Dai-ichi Frontier Life signs flow reinsurance deal with Talcott Life Re

August 1 2024

Talcott is looking to expand its international business and it recently appointed a former Co-CEO of RGA Japan to ‘cultivate’ relationships with Asia Pac insurers

Ayman Kandil appointed President and CEO of AXA Philippines

August 1 2024

Kandil brings over 25 years of insurance industry experience to his new role, which he will commence in October.

japan-pandi-club-receives-outlook-upgrade-from-sampp-global

Japan P&I Club receives Outlook upgrade from S&P Global

August 1 2024

Japan P&I exceeded expectations last financial year and S&P expects insurer to continue to strengthen its capital adequacy.

jim-heng-joins-lockton-as-head-of-partnership-amp-distribution-for-people-solutions-asia

Jim Heng joins Lockton as Head of Partnership & Distribution for People Solutions, Asia

August 1 2024

Heng joins the global independent broker from Bupa Hong Kong.

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