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Surging medical inflation ramps up Malaysian insurers’ health claims

August 15 2024

The impact of rising medical procedure costs in Malaysia was worsened by a decline in the value of the ringgit last year.

Stevan Bonic promoted to Technical Underwriting Manager Engineering, Australasia at HDI Global

August 15 2024

Bonic will now oversee both the Northern and Southern Regions in his expanded role.

Zurich Australia holds inaugural mental health roundtable

August 14 2024

Biannual roundtables will aim to foster meaningful engagement between mental health and life insurance sectors.

singapore-life-insurance-industry-sees-30-4-growth-in-new-business-premiums-for-1h-2024

Singapore's life insurance industry sees 30.4% growth in new business premiums for 1H 2024

August 14 2024

Singapore’s life insurance sector recorded its best half-year new business performance since the pandemic, however claims also surged.

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Pacific Life Re announces key leadership changes for its Asia Pacific Protection business

August 14 2024

Tyson Johnston (left) elevated to MD, Protection, APAC & Global Strategy; Martyn Gilling (middle) named GM for Protection, Australia, while Matthew Larkin steps into role of Head of Client Solutions,...

Meiji Yasuda to acquire American Heritage Life Insurance for US$2bn - report

August 14 2024

The acquisition, which is set to be finalised by June 2025, is part of a broader strategy by Japanese life insurers to expand abroad.

Asia Pacific seeing rising demand for engineering insurance solutions

August 14 2024

While there is enough capacity for traditional construction risks, nat cat underwriting remains challenging.

Manulife Singapore launch InvestReady Growth

August 13 2024

The new plan aims to address financial concerns highlighted by Manulife's Asia Care Survey 2024.

chinas-mortality-protection-gap-shrinks-6-in-2023-swiss-re

Mortality protection gap in China narrows as life insurance penetration rises

August 13 2024

Swiss Re reports a 6% reduction in China's mortality protection gap last year, though significant regional disparities remain.

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Andrew Yeung appointed as Head of D&O for Newline Australia

August 13 2024

The move marks Yeung's return to Sydney after a decade in Melbourne.

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