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Monday, August 31, 2026
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Swiss Re post Q1 profit of US$643 million, up US$800 million from year prior
May 5 2023
The results are a marked improvement compared with the US$248 million loss the reinsurer saw in Q1 2022.
APRA proposes minor amendments to AASAB 17, seeks industry feedback
May 4 2023
The regulator is proposing changes to improve usability and remove ambiguity for Australia's equivalent of the IFRS 17 accounting standards.
Peak Re see net loss in 2022, despite 7% rise in GWP
May 3 2023
The Hong Kong-headquartered reinsurer saw gross written premiums rise to US$2.3 billion, but saw a net loss of US$81 million.
Double-digit GWP growth for Korean Re thanks to new financial solutions product
May 3 2023
Despite large commercial and natural disaster losses, strong results achieved thanks to new coinsurance product along with global market hardening.
Hong Kong Motor Insurers set for July launch of first cross-boundary insurance products
May 2 2023
The 'Unilateral Recognition' products cover Hong Kong and Mainland China.
ClearView announce Simon Swanson's retirement with Nadine Gooderick being promoted to CEO
May 1 2023
Gooderick has over 25 years life insurance experience and will be promoted from her current position as Group Executive, Technology & Development.
PICC expect IFRS 17 to have minimal P&C impact, but Life isn't so rosy
April 29 2023
P&C, including combined ratio, will remain largely the same. But revenue recognition for its life business will drop by 67% under the new accounting standard.
Mohanty Becomes First Chief Executive of Life Insurance Corporation of India
April 29 2023
Mohanty will be Chairman until June 2024 and will then assume the role of Chief Executive until at least June 2025
Q1 sees AIA hit US$1 billion Value of New Business for the first time
April 28 2023
The group saw 28% VONB growth, with AIA China and AIA Hong Kong leading the way.
Marine Insurers nervous over spike in spot price for Russian oil
April 28 2023
Insurers are vulnerable due to mix of Russian oil exceeding $60 price cap and false shipping documentation
Asia leads the way as Chubb sees record-breaking Q1
April 27 2023
Chubb set new records for core operating and investment income - with Asia providing significant contributions across P&C and Life
AIA to expand presence into third most populous province in China
April 27 2023
The CBIRC has provided regulatory approval for AIA China to begin operations in Henan province
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