Life

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.

FTLife appoints Eleonore Chow as Chief Executive, Agency

July 7 2024

Chow brings over 30 years of experience to her new role.

rushabh-gandhi-appointed-md-amp-ceo-of-indiafirst-life-insurance

Rushabh Gandhi promoted to MD & CEO of IndiaFirst Life

July 5 2024

Gandhi had been serving as Deputy CEO and succeeds Vishakha R.M., who retired on 30 June.

rga-inks-first-korean-cross-border-coreinsurance-deal-with-tongyang-life

RGA inks first Korean cross border coinsurance deal with Tongyang Life

July 2 2024

Building on agreements in Japan this year, RGA signs a 200bn Korean won (US$145m) deal with Tongyang Life.

Jeff Ang appointed CEO of Prudential Financial Advisers, Singapore

July 1 2024

Ang has been with Prudential since 2018.

pauline-vamos-appointed-as-independent-director-and-chair-of-zurich-assure

Pauline Vamos appointed as Independent Director and Chair at Zurich Assure Australia

July 1 2024

Vamos brings extensive insurance, financial services, and regulatory experience to Zurich Assure.

Prudential Singapore appoints Citi exec as new CEO

June 27 2024

Chan San San set to lead Singapore operations from September 2024, pending regulatory approval.

hk-regulators-say-insurance-industry-generally-compliant-with-premium-financing-but-some-gaps-remain

IA, HKMA says insurance industry generally compliant with premium financing, but gaps remain

June 27 2024

Joint inspections by regulators show overall adherence, but improvements urged amid higher interest rates.

Prudential announces US$2bn share buyback programme

June 24 2024

Hong Kong and London dual-listed insurer announces share buyback amid strong growth in Asian and African markets.

chinas-life-insurers-can-learn-from-japans-low-yield-strategies-swiss-re-institute

China’s life insurers can heed lessons from Japan’s low-yield strategies: Swiss Re Institute

June 24 2024

Declining investment yields means China is facing challenges similar to those seen during Japan's "lost decades."

rate-hikes-tighter-underwriting-helping-australian-life-insurers-manage-disability-income-losses

Rate hikes, tighter underwriting helping Australian insurers manage disability income losses

June 21 2024

Life insurers expected to maintain profitability despite rise in claims and regulatory changes, says S&P.

Fitch affirms Cathay Life's ratings, forecasts stable growth despite spread gains risk

June 20 2024

Fitch affirms 'A' IFS ratings of Taiwan's largest life insurer, citing strong market position and robust capitalisation.

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25 September