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FWD Group secures majority ownership in FWD Takaful with 21% share acquisition
March 11 2024
FWD Group's strategic investment boosts ownership of FWD Takaful Berhad to 70%, as insurer moves to strengthen its position in the Malaysian market.
Sun Life appoints Mahima Tankha Marwah as Chief Client Experience and Marketing Officer for Asia
March 11 2024
Marwah joins from FWD where she was Vice President, Digital Bancassuarnce.
Insurtech Sunday acquires 99% stake in Indonesian general insurer PT KSK
March 11 2024
Sunday's annual revenue set to surpass US$100m following acquisition.
ACKO General Insurance appoints Animesh Das as CEO
March 8 2024
Leadership shift sees Das promoted to CEO to replace Sanjeev Srinivasan, who has moved to a board role at parent company ACKO Technologies.
Australian MGA Criterion Underwriting expands to New Zealand
March 8 2024
Criterion expands from Australia, with a focus on waste and recycling segments and other hard to place risks.
AXA launches women-exclusive health centre in Hong Kong
March 8 2024
AXA and Chiron Medical launch health centre with all-female medical team and which offers services exclusively for women.
Expanding scale and product mix shift key to propel Allianz Taiwan Life's profit: Moody's
March 8 2024
Moody's affirms A1 rating, forecasting profitability gains from strategic product mix shifts and scale expansion.
Insurance claims from Victoria's Valentine's Day storms top AU$100m
March 8 2024
Victoria's 14 Feb severe storms trigger nearly 20,000 claims worth AU$104m (US$69m), says ICA.
ICAC charges ex-Insurance Authority director over coercive hiring allegations
March 8 2024
Hong Kong's corruption watchdog charges Hui Mei-ying and daughter-in-law with misconduct in Prudential hiring case, with both granted bail.
New FSC rule eases overseas capital raising for Taiwanese insurers
March 8 2024
Insurers will be able to tap into global bond markets through SPVs, diversifying funding sources with TW-ICS implementation looming.
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