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Sunday, November 8, 2026
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Korean insurers offshore profits up 135% in 2024 - report
October 9 2024
Expansion into global markets supports growth for South Korean life and non-life firms.
Korean guarantee insurance payouts rise as economy falters - report
October 9 2024
Rising interest rates and inflation contribute to record-high guarantee insurance payouts in South Korea.
Crawford Thailand names Sompong Suriwong as new Country Manager
October 9 2024
Suriwong set to become Country Manager/Director of Crawford Thailand on 1 Nov 2024, succeeding Patipan Soodarram, who will become Chairman.
Asia Pac HNWs offer major growth for insurers: Swiss Re
October 9 2024
The region is now home to roughly 30% of the global HNW store of wealth, second in the world only to the US.
Listed Singapore insurers to start carbon emissions reporting in 2025
October 9 2024
Singapore Exchange mandates Scope 1 and 2 emissions disclosures for insurers by 2025, with Scope 3 implementation delayed.
Kim Soon Chua named CEO of PIAM
October 8 2024
Chua joins the Malaysian general insurance trade association after a five-year stint as Chief Operations Officer at Gibraltar BSN Life.
Australia should see average cyclone season, but severe storms loom large: BOM
October 8 2024
The Australian Bureau of Meteorology forecasts an average number of cyclones for 2024-25, but warmer seas may increase storm severity.
Typhoon Yagi causes over US$3bn in economic losses in Vietnam
October 8 2024
Estimates suggest that the typhoon’s destruction could lower the country’s GDP growth by 0.15% this year, with agriculture hit particularly hard.
MNK Group launches Labuan-based reinsurer Mekong Re
October 8 2024
MNK Group looks to tap new specialty opportunities in Asia Pacific with Rajguru K appointed CEO of new reinsurer.
HK Insurance Authority warns of rising cyber threat
October 8 2024
Cyber insurance penetration in Hong Kong is half the level of Singapore as a percentage of GDP.
S&P Global withdraws ratings of IAG Re Labuan and IAG Re Singapore at companies’ request
October 7 2024
Prior to the withdrawal, the outlook for both ratings was stable.
Aviva Investors appoints new Asia Pac CEO
October 7 2024
Sandra Cheng has moved from Columbia Threadneedle to take up the position at the UK headquartered firm.
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