Business type

price-fixing-controversies-fail-to-hinder-profit-surge-for-japans-non-life-insurers

Japan's big 3 non-life insurers see FY23 profits surge despite year of probes and controversies

July 11 2024

Reduced cat losses, overseas performance contribute to profit results, but GIA Chairman says changes are needed on industry fundamentals.

AIA tops global MDRT rankings for tenth consecutive year

July 11 2024

AIA China, AIA Hong Kong, and AIA Thailand lead with the highest number of MDRT members globally.

Australian regulators issue final rules for Financial Accountability Regime

July 11 2024

ASIC and APRA release final update for the FAR, which is will go live for insurers from 15 March 2025.

SBI General welcomes Udayan Joshi as Chief Technical and Claims Officer

July 11 2024

Joshi joins after ten years with Liberty General Insurance.

sompo-taps-aigs-bill-zhang-as-president-consumer-lines-for-asia-pacific

Sompo taps AIG's Bill Zhang as President, Consumer Lines for APAC

July 11 2024

Zhang moves after 12 years with AIG and will relocate to Singapore for the new role.

Nine Asia Pac insurers to implement ICS framework by end of 2024

July 11 2024

Insurers including QBE, Tokio Marine, and Prudential will be subject to the new IAIS standard which will be applied in a two stage process starting in 2026.

cysurance-partners-with-sophos-and-howden-to-launch-cyber-insurance-down-under

Cysurance partners with Sophos and Howden to launch cyber product down under

July 11 2024

Backed by Lloyd's syndicate carriers, insurer launches its "inclusive and affordable" cyber products in Australia.

Bank Negara Malaysia launches framework for digital insurers and takaful operators

July 10 2024

Central bank publishes DITO framework and will lift cap of five licenses to advance digitalisation within the insurance sector.

one-in-200-year-rainfall-hits-south-korea-causing-landslides-and-flash-floods

One in 200 year downpours hit South Korea, causing landslides and flash floods

July 10 2024

Torrential rains in South Korea's southern regions lead to the deaths of five people, thousands evacuated, and widespread disruption.

Aon promotes Marguerita Silitonga to President Director of Reinsurance Solutions for Indonesia

July 10 2024

Silitonga is elevated from her role as Senior Relationship Manager and Treaty Broker.

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