GI: Personal

Nine Asia Pac insurers to implement ICS framework by end of 2024

July 11 2024

Insurers including QBE, Tokio Marine, and Prudential will be subject to the new IAIS standard which will be applied in a two stage process starting in 2026.

qbe-hong-kong-appoints-evariste-yeung-as-regional-head-motor-and-aamph

QBE Asia appoints Evariste Yeung as Regional Head for Motor

July 2 2024

Yeung will have dual role of leading Asia's motor portfolio and overseeing the A&H portfolio in Hong Kong and Macau.

insurers-face-systemic-change-as-climate-cyber-and-tech-risks-rise-say-panellists

APAC insurers face systemic change due to evolving climate, cyber, and tech risks, say panellists

July 2 2024

Protection gaps are visible across APAC and insurance providers need to adapt, said industry experts at the Digital Insurance APAC conference.

Australian brokerage domo launches in Melbourne with tech-driven philosophy

July 1 2024

New Australian brokerage aims to shake up the market with its tech-driven approach.

Miller continues Japan build out with Kazuhiko Shinkai appointed Head of Non-Marine Strategy

July 1 2024

Shinkai has over 35 years of experience and joins from Itochu Corporation.

Allianz APAC launches #SHEsecures initiative

July 1 2024

New initiative will support women in insurance with training, education, and networking.

NatCat - 2023 Australias Christmas Storms

PERILS' third insurance loss estimate for Australia's Christmas Storms at AU$1.563bn

July 1 2024

New figure marks a slight increase from PERILS' second industry loss estimate of AU$1.547bn (US$1.033bn).

ICA urges inclusion of building resilience in Australia's National Construction Code 2025

July 1 2024

"Embedding resilience in the Code is a critical step," says ICA CEO Andrew Hall.

Guy Carpenter estimates insurance losses for Kansai April hail at US$1bn

July 1 2024

Recurring hail events have prompted Japanese insurers to implement new risk management strategies, says Guy Carp.

Risk-based Capital regime commences in Hong Kong

July 1 2024

HK's RBC regime begins after nearly a decade of extensive consultations and development.

NZ updates legislation, renames EQC to Natural Hazards Commission

July 1 2024

New Natural Hazards Insurance Act aims to modernise legislation, clarify cover entitlements, and improve claims experience.

Insurers urged to transform embedded models or risk missing out on trillion-dollar opportunity

July 1 2024

The future of embedded insurance lies in swift adaption and customer-centric solutions, say panellists at Digital Insurance APAC 2024.

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