Editor's choice – (Re)in Asia

Editor’s choice

tokio-marine-becomes-first-japanese-insurer-to-issue-sdb-based-nat-cat-bond

Tokio Marine becomes first Japanese insurer to issue SDB-based cat bond

March 22 2024

Proceeds of US$100m Kizuna Re III will go toward Sustainable Development Bond to fund ESG projects in IBRD member countries.

Australian Federal Court rules in favour of Auto & General in ASIC legal battle over policy terms

March 22 2024

Federal Court rules policy term, requiring notification of property changes, does not violate the ASIC Act.

nippon-life-says-overseas-acquisitions-are-key-to-ambitious-plans-to-double-profits-by-2035

Overseas acquisitions key to Nippon Life's ambitious plan to double profit by 2035

March 22 2024

Nippon plans to double core operating profit to JPY1.4 trillion (US$9.25bn), with plans for significant expansion of overseas business.

aerial-and-satellite-images-employed-to-fast-track-noto-peninsula-quake-claims

Noto earthquake claims rise to 115k, with 59% paid: GIAJ

March 22 2024

Latest numbers show accepted claims have increased from 67k at end Jan, though good progress has been made with 83% of investigations now completed.

malaysias-insurance-and-takaful-funds-see-2h-2023-profit-dip-amid-rising-claims-in-2h-2023

Malaysia's insurance and takaful sector see H2 2023 profit dip amid rising claims

March 21 2024

BNM report shows surge in medical claims hit profits in 2H, but growth in new business premiums, GI, and investment income.

nrma-and-suncorp-provide-premium-cuts-through-bushfire-resilience-app

NRMA and Suncorp provide premium discounts through Bushfire Resilience App

March 21 2024

Aussie insurers team up with Resilient Building Council to reward households with reduced premiums for improving bushfire resilience.

JAVLN survey identifies insurance affordability as top challenge for Australian brokers in 2024

March 21 2024

70% of brokers also report spending over three hours a day on admin.

Health & Safety surpasses Cyber as key concern for APAC Directors: D&O survey

March 21 2024

Top insurance priorities are multi-jurisdictional claims in Asia and settlement of claims in Australasia, according to WTW and Clyde & Co report.

ICNZ reports 91% of Auckland Anniversary and Cyclone Gabrielle claims settled

March 20 2024

Over NZ$3bn (US$1.812bn) paid out as of March 1, with 92% of property and 94% of contents and motor fully resolved.

prudential-names-anette-bronder-chief-technology-amp-operations-officer

Prudential appoints Anette Bronder to newly created role of Chief Technology & Operations Officer

March 19 2024

Bronder joins from KPMG Switzerland where she is a Partner and her extensive experience includes time as Group Chief operating Officer at Swiss Re.

Swiss Re names Amitabha Ray as CEO of India

March 19 2024

Ray succeeds Hadi Riachi, who is transitioning to the role of Head, Global Underwriting Centre for Swiss Re Corporate Solutions.

losses-hit-singapores-motor-and-health-lines-of-business-for-third-time-in-five-years

Singapore's Motor and Health lines report underwriting losses for third time in five years

March 19 2024

Singapore's domestic General Insurance GWP tops SG$5bn (US$3.7bn), but underwriting profits dip as country's two largest lines of business record losses.

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