Business type

income-insurance-and-allianz-in-talks-over-potential-deal

S&P places Income Insurance's ratings on CreditWatch negative amid Allianz deal talks

June 24 2024

Material changes in shareholding structure could weaken support from the Singapore government.

chinas-life-insurers-can-learn-from-japans-low-yield-strategies-swiss-re-institute

China’s life insurers can heed lessons from Japan’s low-yield strategies: Swiss Re Institute

June 24 2024

Declining investment yields means China is facing challenges similar to those seen during Japan's "lost decades."

arpc-undergoing-premium-rates-review-for-cyclone-reinsurance-pool

ARPC undertaking premium rates review for Australia's Cyclone Reinsurance Pool

June 21 2024

Potential changes including strata mitigation discounts and updated multi-storey algorithm.

Tracy Lee Kus to relocate from Singapore to lead Aon's Global Broking Centre

June 21 2024

Kus, who has been serving as APAC Head of Commercial Risk Solutions, will relocate to the UK to take on new role.

MS First Capital appoints Vikas Shukla as CEO

June 21 2024

Shukla will succeed the late Ramaswamy Athappan.

Domestic underwriting challenges to persist for Japanese major non-life insurers in FYE25: Fitch

June 21 2024

Domestic motor and property lines expected to face difficulties, but strong overseas performance and sales of cross-held shares will provide financial stability.

rate-hikes-tighter-underwriting-helping-australian-life-insurers-manage-disability-income-losses

Rate hikes, tighter underwriting helping Australian insurers manage disability income losses

June 21 2024

Life insurers expected to maintain profitability despite rise in claims and regulatory changes, says S&P.

AM Best affirms Ansvar's ratings as key excess-of-loss and stop-loss programmes renewed

June 21 2024

AM Best affirmed A- IFS rating noting continued reinsurance support from owner EIO following years of PSA claims.

Fitch affirms Cathay Life's ratings, forecasts stable growth despite spread gains risk

June 20 2024

Fitch affirms 'A' IFS ratings of Taiwan's largest life insurer, citing strong market position and robust capitalisation.

GIAJ reports US$350m in claims paid for Hyogo hail-fall

June 20 2024

As of 31 May, over 119,000 claims have been paid following the hail-fall.

Lockton Singapore appoints Lena Tsia as Chief Operating Officer

June 20 2024

Tsia to drive best practice across Lockton Singapore's business.

medibank-being-sued-by-privacy-watchdog-over-2022-data-breach

Regulator blames Medibank cyberattack on lack of multi-factor authentication

June 20 2024

In a court filing, the OAIC alleges that the health insurer's lack of MFA enabled hacker to exfiltrate 520 gigabytes of data.

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