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Chinese life insurers' new economic assumptions strengthen long-term risk management, despite lower NBV: Fitch
April 30 2024
Recalibration to align with low interest rate environment will help align policyholders expectation and boost investor confidence.
DUAL brings new title insurance products to APAC, catering to real estate and M&A transactions
April 30 2024
AXA XL to provide capacity for new lines, which are led by Chris Hammond, DUAL Asset's APAC Head.
FTLife announces Q3 name change to Chow Tai Fook Life Insurance
April 30 2024
Rebrand aims to strengthen collaboration with Chow Tai Fook Enterprises in order to "create value beyond insurance".
Indonesian broker Axle Asia rebrands as bolttech
April 29 2024
Name change follows bolttech's acquisition of the Indonesia broker in late 2022.
AIA announces record new business in Q1 2024
April 29 2024
AIA Group reports 31% YoY rise in value of new business, reaching US$1.327bn — a record quarter for the group.
Cyber risk awareness and protection levels fall among Singapore SMEs in past year
April 26 2024
QBE survey reveals a decline in cyber awareness and protection among Singaporean SMEs, contrasting with Hong Kong's rising vigilance.
Nova and Towngas Lifestyle strengthen insurance broker partnership
April 25 2024
Building on a 2022 agreement, FSE Nova and Towngas Lifestyle pledge further investment for gas safety and property protection across Hong Kong and Mainland China.
Hanwha Life sets sights on Southeast Asia with strategic stake in Indonesia's Nobu Bank
April 25 2024
If approved, Hanwha will set a precedent as the first Korean insurer to enter the overseas banking industry through 40% stake.
Dai-ichi Life eyeing overseas growth, sees market potential for more unsolicited acquisitions - reports
April 20 2024
Recent US$2bn Benefit One acquisition marked shift from conservative approach traditionally applied by Japanese insurers.
Generali announces new global organisational structure
April 19 2024
Group to operate under new, "simpler and leaner" structure from 1 June 2024.
Liberty Mutual announces new APAC business structure with Jackson and Turkes taking on new roles
April 19 2024
Matthew Jackson (left) named APAC President for newly formed Liberty International Insurance, while Defne Turkes (right) will become COO.
AXA Thailand looking to product diversification and M&A for growth - report
April 17 2024
Chief Exec Claude Seigne said the insurer is looking to increase its premiums 10% this year.
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