Accident & Health

Aon appoints Shailendra Sapra as CEO of Reinsurance Solutions in India

April 15 2024

Sapra to be promoted from current role as Aon's Agriculture Leader for APAC and will commence his new position on 1 June.

fitch-revises-outlook-on-six-chinese-insurers-to-negative

Fitch revises outlook for six Chinese insurers to negative

April 15 2024

Move follows Fitch's China sovereign IDR outlook adjustment on 9 April.

bnp-paribas-to-buy-9-of-ageas-from-fosun-for-us777m

BNP Paribas to acquire Ageas stake from Fosun

April 15 2024

BNP Paribas said it will acquire 9% holding for €730m (US$777m), though Fosun HKEX statement suggests 8.19% stake sale.

China's NFRA releases new draft measures aiming to tackle insurance fraud

April 13 2024

New measures aim to tackle rise in fraud cases, outlining insurer responsibilities and encouraging sector-wide collaboration.

nippon-life-insurance-sets-sights-on-india-approval-of-new-numbai-subsidiary

Nippon Life sets sights on India with approval of new Mumbai subsidiary

April 12 2024

Expansion in India aligns with group's ambitions to strengthen overseas operations.

Broker and referrer arrested in Hong Kong for alleged unlicensed insurance activities

April 11 2024

IA and ICAC's first joint operation since October MOU results in arrests over allegations of unlicensed selling to Mainland China Visitors.

peak-res-expands-structured-solutions-to-encompass-pampc-with-chenwei-li-to-lead-team

Peak Re expands Structured Solutions to include P&C, with new team led by Chenwei Li

April 11 2024

Li (pictured left) will lead new team, suppported by Senior Actuaries Tony Zhong (pictured middle) and Min Zhang (pictured right).

Sompo Singapore's ratings affirmed, reflecting strategic importance to group expansion plans

April 11 2024

S&P spotlights central role insurer will play in group's plans to expand commercial and specialty lines across APAC.

guy-carpenter-names-richard-chu-as-md-for-credit-bond-amp-political-risk

Guy Carpenter names Richard Chu as MD for Credit, Bond & Political Risk

April 11 2024

Chu arrives with 30 years reinsurance experience and is tasked with supporting client relationships and driving new business development in APAC.

Over 70 insurers and brokers back new anti-scam charter in Hong Kong

April 10 2024

Financial regulators, including IA, launch Anti-Scam Consumer Protection Charter 2.0 which outlines expectations on industry to help minimise digital fraud.

momentum-lifes-ratings-affirmed-with-earnings-turnaround-anticipated

Momentum Life has ratings affirmed with earnings turnaround anticipated

April 10 2024

NZ insurer registered an operating loss in FY 2023, but AM Best anticipates positive earnings as it scales and implements business plan.

australia-life-insurance-breaches-rise-for-third-year-but-impact-significantly-fewer-customers

Australian life insurance code breaches rise for third year, but impact fewer customers

April 9 2024

The Life Insurance Code Compliance Committee reports 9% rise in breaches in 2022-23, but 47% reduction in number of customers impacted.

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