Topics

aia-singapore-promotes-afees-ashroff-to-role-of-chief-technology-officer

AIA Singapore elevates Afees Ashroff to Chief Technology Officer

July 13 2024

Ashroff will succeed Peter Lee who has stepped down for personal reasons.

South Korea's insurers see capital adequacy ratios fall 8.6pp in Q1 2024

July 13 2024

Market and op risks have seen required capital to rise in Q1.

aia-collaborates-with-blackrock-and-bny-to-strengthen-investment-platform

AIA partners with BlackRock and BNY to strengthen investment platform

July 12 2024

AIA forms partnerships to support group's evolving investment programme.

Aspen looks to advance AI and data strategy with launch of Data Labs

July 12 2024

Specialty (re)insurer launches Aspen Data Labs to advance its data and AI initiatives.

fitch-affirms-zhonglu-pcs-rating-amid-insurer-efforts-to-grow-non-motor-lines

Fitch affirms Zhonglu P&C's rating as insurer eyes non-motor line growth

July 12 2024

Insurer looking to diversify portfolio, but cat exposure presents risks.

manish-pahwa-appointed-as-chief-compliance-officer-at-future-generali-india-life

Manish Pahwa named Chief Compliance Officer at Future Generali India Life

July 12 2024

Experienced compliance professional Pahwa joins insurer to enhance regulatory practicies.

Tokio Marine reportedly suffers data breach

July 12 2024

Attack on an outsourced firm's server may have compromised the personal data of 63,200 policyholders.

Insurance claims for June floods in southern China reach US$440m: NFRA

July 12 2024

Insurers have received 95,000 claims, with 1.1bn yuan (US$151m) in payments and pre-payments isssued so far, says regulator.

price-fixing-controversies-fail-to-hinder-profit-surge-for-japans-non-life-insurers

Japan's big 3 non-life insurers see FY23 profits surge despite year of probes and controversies

July 11 2024

Reduced cat losses, overseas performance contribute to profit results, but GIA Chairman says changes are needed on industry fundamentals.

Australian regulators issue final rules for Financial Accountability Regime

July 11 2024

ASIC and APRA release final update for the FAR, which is will go live for insurers from 15 March 2025.

sompo-taps-aigs-bill-zhang-as-president-consumer-lines-for-asia-pacific

Sompo taps AIG's Bill Zhang as President, Consumer Lines for APAC

July 11 2024

Zhang moves after 12 years with AIG and will relocate to Singapore for the new role.

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.

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