Business type

am-best-maintains-meiji-yasudas-a-rating

AM Best maintains Meiji Yasuda Life's A+ Rating

January 25 2024

Ratings affirmed with a stable outlook, thanks to strong balance sheet and demonstrated operational resilience in the face of COVID-19, AM Best said.

Pacific Life Re restructures from regional to product-focused model

January 25 2024

Andrew Gill takes charge of the global 'protection' team while Phill Beach will oversee the 'savings & retirement' division.

FWD Insurance Berhad ties up bancassurance deal with Bank Simpanan Nasional

January 25 2024

BSN's nine million customers gain access to FWD's life products under the exclusive distribution deal, which began in January.

Insurers explore use of AI for complex reinsurance claims

January 25 2024

The technology brings particular benefits to markets in Asia where transactions tend to be lower-value.

singapores-insurers-ready-for-digital-overhaul-novidea

Singapore's insurance industry ready for digital overhaul: Novidea report

January 25 2024

63% of Singaporean C-suite execs surveyed indicate readiness to update core systems this year, compared with 41% globally.

Singapore launches Sustainable Finance Association to support net zero transition

January 24 2024

SSFA has potential to increase interest for innovative insurance products linked to Asia's net zero transition.

South Korean insurers launch 'limited edition' products - report

January 24 2024

Time-sensitive life and health policies, aimed at pre-empting rate hikes due to the experience life table, has attracted regulatory attention.

Liberty Insurance launches DEI mentorship program in Asia

January 24 2024

The program focuses on four key topics: work-life balance, support for new parents, exploring insurance career opportunities, and wellness and mental health.

sp-insurers-well-placed-to-meet-cyclone-jasper-and-ongoing-queensland-floods-claims

Insured losses from Cyclone Jasper and Christmas and New Year storms hit AU$743m: ICA

January 24 2024

AU$202m (US$133m) of industry losses estimated from Jasper and AU$541m (US$357m) from Christmas/New Year storms, as QLD prepares for another cyclone to make landfall this week.