Editor's choice – (Re)in Asia

Editor’s choice

Thai central bank open data project includes insurance sector

October 14 2024

Thailand's 'Your Data' project, led by the Bank of Thailand, aims to enable secure digital data sharing in finance across financial firms.

allianz-makes-offer-to-acquire-majority-stake-in-singapores-income-insurance

Allianz's acquisition of Income called off

October 14 2024

Singapore government has intervened in deal in its current form, saying it is not in the public interest.

Korean insurers face IFRS 17 pressure from interest rate cuts

October 14 2024

Recent interest rate reduction by Bank of Korea could impact insurers' profitability.

Improved capital levels prompt AM Best GIC Re ratings upgrade

October 14 2024

GIC Re's improved capitalisation and investment returns lead to an upgrade by AM Best, despite ongoing unprofitable underwriting performance.

emering-asias-middle-class-women-have-appetite-to-spend-more-on-insurance-peak-re-report

Emerging Asia’s middle class women have appetite to spend more on insurance: Peak Re report

October 14 2024

There is a "significant opportunity" for insurers to develop products that provide financial security and resonate with priorities of the demographic.

nfra-sets-course-to-make-shanghai-a-leading-global-shipping-insurance-hub

NFRA publishes new guidelines in bid to make Shanghai a leading global shipping insurance hub

October 14 2024

Regulator issues set of guiding opinions, highlighting importance of synergy between primary carriers and reinsurers.

india-considers-seed-funding-for-domestic-shipping-insurance-entity-amid-regulatory-hurdles-report

India considers seed funding for domestic P&I entity amid regulatory hurdles - report

October 12 2024

The proposed entity would initially offer insurance for coastal and river vessels, which are not covered by the international P&I framework.

qbe-unifies-australia-pacific-workers-compensation-aamph-teams

QBE unifies Australia Pacific Workers Compensation and A&H teams

October 12 2024

The new Head of People Risk team will be led by Anthony D’Oca.

Insurers able to access PBOC’s US$70bn swap facility

October 11 2024

RMB500bn swap facility, announced Thursday, will allow insurers to use holdings as collateral for high-liquidity assets.

osl-secures-1bn-of-digital-asset-cover-from-canopius

OSL secures US$1bn of digital asset cover from Canopius

October 11 2024

Paragon and Capstone Insurance Brokers help facilitate HKEX-listed OSL's landmark insurance deal.

Lower cyber loss severity in Asia, but region seeing a noticeable uptick in incidents: Allianz

October 11 2024

Asian firms face rising cyber threats despite lower loss severity, as Allianz warns of increasing incidents and evolving regulatory landscape.

Indonesian regulator to strengthen insurance supervision with national database

October 10 2024

Financial Services Authority (OJK) is also preparing to implement PSAK 117, the country’s version of IFRS 17.

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