Accident & Health

Insurance Authority and Hong Kong Police Force sign MOU

March 28 2024

Memorandum of Understanding covers areas including case referrals, joint investigations, mutual investigative assistance, and the exchange of information

irdai-maintains-d-sii-status-for-lic-gic-and-new-india-assurance-for-fy-2023-24

IRDAI maintains D-SIIs status for LIC, GIC, and New India Assurance for FY 2023-24

March 28 2024

The IRDAI confirms continued designation of three key insurers as Domestic Systemically Important Insurers.

Seven insurers among 15 institutions in Korea's first joint climate stress test

March 27 2024

The Bank of Korea and Financial Supervisory Service will conduct stress test, with findings used to steer country's low-carbon transition.

Fitch maintains ratings for Etiqa entities amid net profit turnaround

March 27 2024

Group's financial performance rebounds to a profit in 1H 2023 thanks to a substantial increase in net invesment income.

korean-insurers-profits-soar-45-5-in-first-year-under-ifrs-17

Deferred acquisition costs under IFRS 17 see Korean insurers' profits soar 45.5%

March 27 2024

Industry sees 6% fall in overall premium income, but life insurers' net profits rise 37.6% and non-life's soar 50.9%, in first year under IFRS 17.

hdi-global-delivers-10-revenue-growth-with-strong-contributions-from-singapore-and-australia

HDI Global delivers 10% revenue growth in 2023, with strong contributions from Singapore and Australia

March 26 2024

Strategic business expansions in Singapore and Australia help to global revenue growth and COR improvement, with Oz GWP now topping US$1bn.

Fitch Upgrades Singapore Life's ratings post Sumitomo Life Acquisition

March 26 2024

IFS rating upgraded to A+ following Sumitomo Life acquisition and change in financial reinsurance arrangement.

Fitch: Pressure on Chinese insurers' investment returns amid market volatility

March 26 2024

Despite market challenges, potential move towards riskier assets remains limited, thanks to stringent C-ROSS capital framework.

APAC’s fac market poised for further growth

March 26 2024

Rising rates and increased retentions continue to drive demand for better risk management solutions.

Fitch upgrades Huatai Property & Casualty's Rating following Chubb's increased stake

March 25 2024

Fitch boosts Huatai P&C to 'A+' after Chubb's ownership jump to 85.5% in Feb.

kidi-to-support-development-of-risk-assessment-database-in-vietnam

KIDI to support development of risk assessment insurance database in Vietnam

March 25 2024

Korea Insurance Development Institute enhances partnership with VIDI, to help strengthen Vietnam's insurance capabilities.

guy-carpenter-names-ben-savill-as-ceo-of-pacific

Guy Carpenter names Ben Savill as CEO, Pacific as part of leadership revamp

March 25 2024

Jeff Saper, who has been CEO for Pacific since 2019, will move to Hong Kong as Head of GC Fac for APAC, with Luc Morement taking on the responsibility of Regional Sales Leader, Asia Pacific.

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