Strategy

allianz-singapore-expected-to-reach-breakeven-in-three-to-five-years-says-sampp

Allianz Singapore expected to reach breakeven in three to five years, says S&P

October 28 2024

Allianz Singapore's ratings affirmed, with expectations of continued market growth despite the recent halt of the group's US$1.6bn acquisition of a stake in Income Insurance.

fm-allocates-us400m-in-resilience-credits-for-client-climate-mitigation-initiatives

FM provides US$400m in 'resilience credits' for client climate mitigation initiatives

October 25 2024

With US$400m allocation this year, FM's resilience credit programme has surpassed US$1bn in total investment.

Prudential to test gen AI for medical claims processing in Singapore and Malaysia

October 24 2024

Insurer to conduct a three to four-month trial of Google's MedLM language models in Singapore and Malaysia.

hsbc-life-hong-kong-taps-zurichs-geoffrey-au-as-chief-product-and-in-force-officer

HSBC Life HK taps Zurich's Geoffrey Au as Chief Product and In-force Officer

October 24 2024

Au joins HSBC following a 10-year stint with Zurich, where he most recently served as HK CEO for its life business.

qbe-forms-strategic-partnership-to-strengthen-engineering-presence-in-asia

QBE forms strategic partnership to strengthen engineering capabilities in Asia

October 24 2024

Partnership will provide QBE with access to Eos Rhea Metis's property and engineering expertise, solutions, and tools across the region.

rare-earth-insurance-launches-independent-wholesale-broker-in-shanghai

Rare Earth launches independent wholesale broker in Shanghai

October 24 2024

Intermediary, led by Wang Wei and Mark Gu, becomes the first independent wholesale insurance broker to operate in mainland China.

Rising awareness of cost drives opportunities for AXA XL

October 24 2024

The (re)insurer’s new Asia Specialty Head, Todd Wilhelm, makes innovation in risk solutions a top priority.

OneDegree Group rebrands as AIFT

October 24 2024

Group says name change reflects its commitment to technology, with insurance arms OneDegree and OneInfinity maintaining their names.

IRDAI’s Bima Trinity’s ‘first phase’ nears soft launch - report

October 24 2024

Soft launch of Bima Sugam, the country's digital insurance distribution platform, is expected within the coming months.

hdi-global-eyes-asia-with-eric-joly-pottuz-hire-lead-alternative-risk-transfer-unit

Asia on the radar for HDI's ART unit as Eric Joly-Pottuz takes charge

October 23 2024

Joly-Pottuz, the new head of HDI Enablers, says business is interested in expanding alternative risk transfer solutions into Asia and the US.

Allianz in talks over a new Indian joint venture - report

October 23 2024

Allianz is considering new Indian ventures after disputes arose with existing partner, Bajaj FinServ.

Igloo launches its first direct-to-consumer platform

October 23 2024

Insurtech expands offering with DTC platform in Indonesia, targeting country's younger, tech-savvy population.

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25 September