Business type

17-asian-carriers-in-sps-inaugural-top-50-global-life-insurers

17 Asian carriers in S&P's inaugural top 50 life insurer ranking

December 13 2023

Asia takes second to fifth positions and finishes second behind only Europe in regional rankings.

Asian insurers face six-year wait for reliable carbon emission disclosures

December 13 2023

With IFRS S1 and S2 looming, (re)insurers grapple with estimating risks contained in underwriting and investment portfolios.

S&P releases inaugural global ranking of P&C (re)insurers

December 13 2023

China's PICC second, with 11 Asia Pac insurers in the top 50.

Chubb hires Federico Spagnoli as Consumer Lines Division President for International Operations

December 13 2023

Spagnoli joins from Prudential Financial to lead Chubb's growth ambitions across Asia Pacific, Latin America and Europe.

Manjit Singh appointed President of Sun Life Asia

December 12 2023

Singh is EVP and CFO for the Toronto-headquartered insurer and will relocate to Hong Kong for the role.

ICNZ: 87% of Cyclone Gabrielle and Auckland Anniversary flood claims settled

December 12 2023

To date 99,798 of 115,353 and NZ$2.7bn (US$1.65bn) of NZ$3.6bn have been settled.

Taiwan further eases regulatory strain on local insurers

December 12 2023

Taiwan's Financial Supervisory Commission unveils new transitional measures to support insurers before adoption of stricter RBC and accounting standards in 2026.

manulife-and-global-atlantic-agree-landmark-ltc-reinsurance-transaction

Manulife, Global Atlantic agree US$9.6bn reinsurance deal, including landmark LTC transaction

December 12 2023

Manulife to cede CA$13bn of business to Global Atlantic, including two Japanese whole life products and record CA$6bn in Long-Term Care.

Petros Papanikolaou announced as CEO of AGCS and Allianz Commercial

December 12 2023

Papanikolaou replaces Joachim Müller and will take on additional responsibility of leading Allianz Commercial

Berkley Insurance Asia promotes Ernest Teng to Head of Financial Lines

December 11 2023

Teng will begin new role in January, succeeding Cassandra Lee who is embarking on a new opportunity in online retail.

Singapore's GIC to acquire majority stake in Miller

December 11 2023

Agreement reached for Singapore's sovereign wealth fund to acquire Civen's shares in the (re)insurance broker.

MLC Life hires Ian Fletcher as General Manager of Remediation Programs

December 11 2023

Fletcher joins MLC Life to spearhead AU$32m customer experience enhancement initiative.

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