Business type

Inside Ant Insurance’s strategy to digitise claims with foundational AI

August 2 2024

Ant Group is leveraging technology and vast Alipay user base to streamline claims and attract new demographics for carriers in China.

Fitch downgrades China United Property due to reduced likelihood of parent support

August 2 2024

Fitch assigns BBB+ rating, with ultimate parent struggling with asset quality and earnings amid China's property market downturn.

korean-life-and-non-life-insurers-struggle-to-finalise-mampa-deals

High valuations stall insurance industry M&A in Korea

August 2 2024

The country’s life and non-life M&A market continues to stagnate despite broader economic deal-making activity.

chris-mcdermott-to-lead-marsh-specialty-in-the-pacific

Chris McDermott takes on new role as Head of Marsh Specialty for the Pacific

August 2 2024

McDermott has been with the broker for nearly a decade.

Dai-ichi Frontier Life signs flow reinsurance deal with Talcott Life Re

August 1 2024

Talcott is looking to expand its international business and it recently appointed a former Co-CEO of RGA Japan to ‘cultivate’ relationships with Asia Pac insurers

Ayman Kandil appointed President and CEO of AXA Philippines

August 1 2024

Kandil brings over 25 years of insurance industry experience to his new role, which he will commence in October.

japan-pandi-club-receives-outlook-upgrade-from-sampp-global

Japan P&I Club receives Outlook upgrade from S&P Global

August 1 2024

Japan P&I exceeded expectations last financial year and S&P expects insurer to continue to strengthen its capital adequacy.

jim-heng-joins-lockton-as-head-of-partnership-amp-distribution-for-people-solutions-asia

Jim Heng joins Lockton as Head of Partnership & Distribution for People Solutions, Asia

August 1 2024

Heng joins the global independent broker from Bupa Hong Kong.

AM Best maintains stable outlook for Vietnam’s non-life insurance sector

August 1 2024

Growing premiums, government spending, foreign investment, and regulatory refinements among factors that support rating.

Lockton appoints Sung Wook Han as Head of Marine for Asia

August 1 2024

Han joins Lockton after 15 years with WTW and has relocated from London to Singapore for the new role.

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