Business type

patrick-fyson-appointed-canopiuss-head-of-property-d-f-for-apac-and-mena

Patrick Fyson appointed Head of Property D & F for APAC and MENA at Canopius

March 27 2024

Fyson joins from Tokio Marine Kiln to head up Property Direct & Facultative across the regions.

Fitch maintains ratings for Etiqa entities amid net profit turnaround

March 27 2024

Group's financial performance rebounds to a profit in 1H 2023 thanks to a substantial increase in net invesment income.

korean-insurers-profits-soar-45-5-in-first-year-under-ifrs-17

Deferred acquisition costs under IFRS 17 see Korean insurers' profits soar 45.5%

March 27 2024

Industry sees 6% fall in overall premium income, but life insurers' net profits rise 37.6% and non-life's soar 50.9%, in first year under IFRS 17.

hong-kong-life-insurance-sector-begins-recovery

Agent channel continues to gain momentum despite Hong Kong life insurance dip in 2023

March 27 2024

New business premiums shrank 1.8%, but agent sales continue to gain traction amid year-long downturn in bancassurance and broker channels.

major-claim-looms-for-pi-clubs-after-singapore-flagged-ship-causes-collapse-of-baltimore-bridge

Major claims loom for P&I Clubs and reinsurers after Singapore-flagged ship causes collapse of Baltimore Bridge

March 26 2024

Container ship collided with bridge, causing it to collapse and sending people and vehicles into the Patapsco River, with initial estimates suggesting damage could run into the billions.

South Korean government looks to boost exports with record US$190bn trade insurance support - report

March 26 2024

Record amount will support a range of industries as government aims to to meet ambitious $700bn export target.

hdi-global-delivers-10-revenue-growth-with-strong-contributions-from-singapore-and-australia

HDI Global delivers 10% revenue growth in 2023, with strong contributions from Singapore and Australia

March 26 2024

Strategic business expansions in Singapore and Australia help to global revenue growth and COR improvement, with Oz GWP now topping US$1bn.

Global: Hannover Re to consolidate cyber and digital expertise into dedicated specialty unit

March 26 2024

Set for April 2024, global reinsurer's new division will consolidate cyber and digital expertise to drive growth and improve risk management.

Fitch Upgrades Singapore Life's ratings post Sumitomo Life Acquisition

March 26 2024

IFS rating upgraded to A+ following Sumitomo Life acquisition and change in financial reinsurance arrangement.

Fitch: Pressure on Chinese insurers' investment returns amid market volatility

March 26 2024

Despite market challenges, potential move towards riskier assets remains limited, thanks to stringent C-ROSS capital framework.

Allianz Trade promotes James Lie to Regional Head of E-Commerce for Asia Pacific

March 26 2024

Lie is promoted from his position as Indonesia Country Manager and will relocate to Singapore for the new role.

sun-hung-kai-properties-insurance-ratings-affirmed-as-de-risking-of-bond-exposure-improves-financial-resilience

Sun Hung Kai's insurance ratings affirmed as de-risking of bond exposure improves financial resilience

March 26 2024

Sun Hung Kai Properties Insurance's 'Excellent' ratings underscored by robust financial health and low acquisition cost business model.

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