Strategy

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.

Insurers urged to transform embedded models or risk missing out on trillion-dollar opportunity

July 1 2024

The future of embedded insurance lies in swift adaption and customer-centric solutions, say panellists at Digital Insurance APAC 2024.

Uncertainty surrounds Lotte Insurance sale following Woori withdrawl

June 30 2024

Lotte Insurance's stock dives, with financial conglomerate's bid withdrawal considered a major setback.

Descartes to grow global headcount 50% in the next 12 months

June 29 2024

Management restructure, key hires, and four new U.S. branches aim to support business growth of over 100 new employees in the next year.

iag-overhauls-reinsurance-program-to-limit-nat-cat-volatility-over-next-five-years

IAG overhauls nat cat reinsurance program to mitigate volatility

June 28 2024

Five-year program includes volatility cover from Berkshire Hathaway and Canada Life, which would see FY25 peril costs limited to AU$1.283bn in 90% of modelled scenarios.

AXA XL elevates Yannick Daucourt to Global CUO for Specialty Niche

June 28 2024

Daucourt has been serving as Chief Underwriting Officer, Specialty for APAC and Europe since October 2020.

federal-treasurer-approves-sales-of-suncorp-banking-arm-for-au4-9bn

Suncorp's AU$4.9bn sale of banking arm gets final nod from Federal Treasurer

June 28 2024

AU$4.9bn (US$3.25bn) deal will help Suncorp focus on insurance challenges like climate change and affordability, says Suncorp CEO.

FWD Singapore agrees deal for motor insurance to be underwritten by Income - report

June 28 2024

Deal will see FWD act as agent, with customers likely to face 15 to 30% premium hikes.

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.

Woori to acquire Tongyang and ABL Life from China's Dajia Insurance Group - report

June 27 2024

US$2.2bn deal would see South Korean financial conglomerate pull out of other proposed acquisitions, including Lotte Insurance.

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