L&H

Global insurers behind the curve on sustainability as Asia closes gap with Europe, says nonprofit

April 18 2024

Asia's insurers performing better than North American firms, but, despite some progress, world's largest insurers remain far from their sustainability goals, ShareAction says.

Singapore launches Sustainable Finance Jobs Transformation Map

April 17 2024

Sustainable Finance JTM looks to better prepare Singapore's financial services sector for for sustainable finance opportunities.

gst-council-review-gst-exemption-for-reinsurance-post-elections-report

India's GST Council to consider reinsurance GST exemption after elections - report

April 17 2024

GST fitment committee proposes that reinsurance be exempt from 18% GST rate, with Council likely to discuss the issue from late June.

fitch-affirms-and-withdraws-ratings-for-kdb-life

Fitch affirms and then withdraws ratings for KDB Life

April 16 2024

KDB Life's ratings and negative outlook maintained, but Fitch said it had chosen to withdraw the ratings, citing commercial reasons.

changing-demographics-to-drive-australias-paamph-growth

Changing demographics to drive Australia's PA&H growth

April 16 2024

Market set to grow to AU$41bn by 2028, driven by increasing health awareness and ageing demographics

Lockton India targets complex risks to fill capacity gaps

April 16 2024

Newly-appointed country CEO Sandeep Dadia seeks to turn the broker into the best – and biggest – in the market

fitch-revises-outlook-on-six-chinese-insurers-to-negative

Fitch revises outlook for six Chinese insurers to negative

April 15 2024

Move follows Fitch's China sovereign IDR outlook adjustment on 9 April.

bnp-paribas-to-buy-9-of-ageas-from-fosun-for-us777m

BNP Paribas to acquire Ageas stake from Fosun

April 15 2024

BNP Paribas said it will acquire 9% holding for €730m (US$777m), though Fosun HKEX statement suggests 8.19% stake sale.

Indian insurtech ClaimBuddy secures US$5m in Series A Funding

April 15 2024

ClaimBuddy raises US$5m, as it looks to expand the reach of its healthcare claim platform,

China's NFRA releases new draft measures aiming to tackle insurance fraud

April 13 2024

New measures aim to tackle rise in fraud cases, outlining insurer responsibilities and encouraging sector-wide collaboration.

nippon-life-insurance-sets-sights-on-india-approval-of-new-numbai-subsidiary

Nippon Life sets sights on India with approval of new Mumbai subsidiary

April 12 2024

Expansion in India aligns with group's ambitions to strengthen overseas operations.

Broker and referrer arrested in Hong Kong for alleged unlicensed insurance activities

April 11 2024

IA and ICAC's first joint operation since October MOU results in arrests over allegations of unlicensed selling to Mainland China Visitors.

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