Some customers in higher risk areas are starting to see premium savings, but hard reinsurance market and rising nat cat events mean benefits are less apparent.
Lianggara will join in November from Aviva to drive growth in Indonesia, Vietnam, and Malaysia, as well as oversee Sun Life's JV with China Everbright Group.
Part of its Corporate Care Income Protection, Zurich says the benefit is a country-first, and provides financial support for conditions such as ectopic pregnancy, pre-term birth, and menopause.
Global premiums rose by 7.6% in 2023, but Ilias Tsakiris underlined importance of excellence in underwriting as marine insurers face evolving, global challenges.
AM Best maintains 'Stable' outlook for non-life market, spotlighting prospects for motor and health, which are balanced by economic and underwriting challenges.
