Business type

singapore-life-insurance-industry-sees-30-4-growth-in-new-business-premiums-for-1h-2024

Singapore's life insurance industry sees 30.4% growth in new business premiums for 1H 2024

August 14 2024

Singapore’s life insurance sector recorded its best half-year new business performance since the pandemic, however claims also surged.

pacific-life-re-announces-key-leadership-changes-with-johnston-promoted-to-md-protection-for-asia-pacific

Pacific Life Re announces key leadership changes for its Asia Pacific Protection business

August 14 2024

Tyson Johnston (left) elevated to MD, Protection, APAC & Global Strategy; Martyn Gilling (middle) named GM for Protection, Australia, while Matthew Larkin steps into role of Head of Client Solutions,...

Meiji Yasuda to acquire American Heritage Life Insurance for US$2bn - report

August 14 2024

The acquisition, which is set to be finalised by June 2025, is part of a broader strategy by Japanese life insurers to expand abroad.

Asia Pacific seeing rising demand for engineering insurance solutions

August 14 2024

While there is enough capacity for traditional construction risks, nat cat underwriting remains challenging.

floss-cheng-appointed-head-of-claims-at-aon-hk

Floss Cheng returns to Aon as Head of Claims, Hong Kong

August 14 2024

Cheng joins after five years with Howden.

pasarpolis-eyes-singapore-as-part-of-southeast-asia-expansion

PasarPolis eyes Singapore launch as part of Southeast Asia expansion

August 13 2024

Insurtech aiming for 50% CAGR and full product underwriting within the next four years.

Manulife Singapore launch InvestReady Growth

August 13 2024

The new plan aims to address financial concerns highlighted by Manulife's Asia Care Survey 2024.

chinas-mortality-protection-gap-shrinks-6-in-2023-swiss-re

Mortality protection gap in China narrows as life insurance penetration rises

August 13 2024

Swiss Re reports a 6% reduction in China's mortality protection gap last year, though significant regional disparities remain.

andrew-yeung-appointed-as-head-of-dampo-for-newline-australia

Andrew Yeung appointed as Head of D&O for Newline Australia

August 13 2024

The move marks Yeung's return to Sydney after a decade in Melbourne.

rising-repair-cost-threaten-to-dent-aviation-insurers-profits

Rising repair costs threaten to dent aviation insurers' profits

August 13 2024

Aviation repair costs are on the rise but a drop in ‘mask rage’ has seen cabin disruption claims fall since the Covid 19 pandemic ended.

allianz-makes-offer-to-acquire-majority-stake-in-singapores-income-insurance

Allianz CEO anticipates double-digit ROI from Income Insurance acquisition

August 13 2024

CEO Oliver Baete sees growth opportunities in underwriting, claims, and product design, and emphasises acquisition is a partnership, "not a sellout."

Lloyd’s and Lloyd’s China's ratings upgraded following improved underwriting performance

August 12 2024

Expense ratio continues to be higher than peers, but actions are being taken to reduce the cost of placing business at Lloyd’s, says AM Best.

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