Business type

indian-insurtech-insurancepadosi-raises-us500k-in-antler-led-funding-round

Indian's InsurancePadosi raises US$500K in Antler-led funding round

August 27 2024

Insurtech plans to use the funds to enhance its AI-driven platform and expand its product offerings.

WTW Singapore recruits Aon's Felicia Tan as Associate Director, Financial Solutions

August 27 2024

Tan joins from Aon where she was serving as Associate Director for Credit Solutions, Asia.

FWD Group report 14% year-on-year VONB growth for 1H 2024

August 27 2024

FWD also posted US$223m in operating profits, driven by positive performance across all its geographic business segments.

peak-re-appoints-peter-hammerli-as-head-of-business-operations

Peak Re appoints Peter Hämmerli as Head of Business Operations

August 27 2024

Hämmerli brings 25 years of reinsurance experience to the Hong Kong-headquartered global reinsurer.

Japan’s motor premiums to see 3.5% to 5% increase next year - report

August 27 2024

Amid inflation and nat cats, Japan's big four non-life insurers plan to hike premiums by 3.5% to 5% from January 2025.

Chubb recruits Alan Chiew as Chief Information Officer for Asia Pacific

August 27 2024

Chiew joins from Standard Chartered where he was serving as Global head of Technical for Digital Channels.

Hard reinsurance market to remain for ‘at least’ two more years: AM Best

August 27 2024

AM Best forecasts reinsurance hard market will persist due to climate risk, higher interest rates, and increased risk complexity.

number-of-insurance-affordability-stressed-households-in-australia-rose-30-in-last-year-actuaries-institute

Number of insurance affordability-stressed households rises 30%: Australia's Actuaries Institute

August 27 2024

New report warns that the issue of affordability is bigger than insurance and could be a problem for lenders, regulators, and governments.

korea-p-and-i-club-ratings-affirmed-amid-strategic-underwriting-overhaul-due-to-large-claims

Korea P&I Club's ratings affirmed amid strategic underwriting revamp

August 26 2024

AM Best affirms B++ ratings KP&I's risk while noting the club has reduced its exposure to larger-sized vessels.

Patrick Carter joins Sedgwick Australia’s liability team

August 26 2024

Carter brings over 15 years of industry experience to new role.

taishin-and-shin-kong-announce-merger-amid-ctbc-takeover-bid

Takeover battle for Shin Kong Financial intensifies with CTBC’s new bid

August 26 2024

CTBC makes new offer to acquire a majority stake in Shin Kong, with a premium above rival Taishin's offer.

Indonesian government to disband PT Asuransi Jiwasraya following years of trouble

August 26 2024

Indonesia’s Ministry of State-Owned Enterprises will transfer policies worth IDR38 trillion (US$2.4 billion) in the “biggest restructuring ever in the history of Indonesia's insurance industry.”

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