Business type

Philippine insurance industry records 13.45% premium growth in Q3 2024

November 20 2024

The overall increase in premiums translated into higher insurance density, which rose by 12.44% year-on-year.

Zurich partners with Negawatt, Cornerstone Technologies for ESG and sustainability push

November 20 2024

Partnership integrates gamified sustainability efforts with insurance incentives and EV charging solutions to advance Hong Kong's green ecosystem.

APRA's proposed reinsurance reforms could support general insurers' credit profiles: Fitch

November 20 2024

Proposed reinsurance changes could have positive impact on carrier's credit profiles, but long-term impact likely to depend on factors which affect cedets' reinsurance appetite.

Hanwha Life teams up with Stanford University for AI project

November 20 2024

Hanwha Life is exploring four AI-related issues: asset management, digital personas, healthcare, and governance.

WestBridge Capital forms alliance with former Tata AIG CEO for new joint venture: reports

November 20 2024

General insurance JV will reportedly target India's health and motor segtmen, while using AI for its services.

Diversification concerns slow cyber ILS market development

November 20 2024

Unlike nat cat risk, cyber perils could have an impact on the broader financial sector, potentially even depressing affected firm’s stock prices.

Tokio Marine revises full-year net income forecast upward

November 20 2024

Insurer says it is leveraging foreign exchange gains and equity sales to offset challenges in Asian life insurance, boosting profitability forecasts.

Fitch upgrades Nippon Life's outlook with insurer set to bounce back to pre-COVID profitability by FYE25

November 19 2024

Japan’s largest insurer sees swift recovery from mid-2023, reflecting its new outlook from stable to positive.

Vanessa Yeo elevated to Head of Casualty at AIG Singapore

November 19 2024

Yeo joined the company in 2023 and was serving as Casualty Lead, Broker Distribution Channel.

Specialist Risk Group looks to Asia with global regulatory hire

November 19 2024

Jaya Taylor will be joining from Allianz Global Corporate & Specialty in the New Year as the firm looks to ramp up its Asia expansion plans.

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