Accident & Health

Hong Kong earmarks ILS and captives in 2024-25 budget

February 28 2024

ILS and captives key measures among other insurance-relevant plan and align with Insurance Authority's 2024-25 twin priorities.

S&P Global affirms 'A+' Rating for HSBC Life Singapore

February 28 2024

Amidst new capital model criteria, HSBC Life Singapore retains its 'A+' rating, with S&P citing robust growth and capital strength

Crawford strengthens Malaysian presence with appointment of Wong Tai Onn

February 27 2024

Wong joins Crawford & Co as Head of Region for Johor and Malacca.

Bandhan Financial Holdings finalises acquisition of Aegon Life

February 27 2024

The acquisition, first announced in July 2023, has been finalised, marking BFHL strategic entry into insurance.

prashant-grover-appointed-allianz-insurance-lanka-ceo-and-country-manager

Prashant Grover appointed as Allianz Insurance Lanka CEO

February 27 2024

Grover started with Allianz in 2007 and is promoted from his role as Regional Lead of Business Transformation.

allianz-asia-pacific-reports-33-growth-in-operating-profit

Allianz Asia Pacific reports 33% operating profit growth in 2023

February 26 2024

Allianz APAC's Life & Health business saw operating profits grow 35%, while P&C business grew 26%.

Fitch maintains 'A' rating for New China Life

February 26 2024

NCI's ratings maintained after seeing a 17.1% year-on-year increase NBV in 1H 2023.

IRDAI maintains obligatory cession rate at 4% for 2024-25

February 25 2024

Insurers to continue ceding 4% of GI business to GIC Re, excluding terrorism and nuclear pool premiums.

zurich-asia-pacifics-operating-profit-surge-18-to-record-us565-million

Zurich Asia Pacific’s operating profits surge 18% to record US$565 million

February 23 2024

APAC P&C gross written premiums up 11%, while life insurance business surge 88%.

Hong Kong Insurance Authority looks to build ILS market

February 23 2024

Alternative risk transfer and captive insurance are the regulator's twin priorities for the next 12 months.

indias-non-life-providers-notch-three-quarters-of-solid-growth

India’s non-life insurers notch three quarters of solid growth

February 23 2024

Major segments thrived, while smaller lines of business like marine and liability faced challenges.

ICA backs Australian plan to bring in climate disclosure standards by 2027

February 22 2024

Australian emissions disclosure plans would see standards implemented ahead of other Asia Pacific developed economies such as Hong Kong and Singapore.

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