AM Best maintains 'Stable' outlook, taking into account surge in foreign currency-denominated savings products, potentially higher domestic interest rates, and improved core profits.
S&P Global Ratings has revised its outlook from 'negative' to 'stable', citing tightening risk selection, investment-risk control and improved results, particularly in growth generated by TP Group's...
Lam first joined Manulife in 2017 before leaving in 2022; he now returns to take on the expanded responsibility of Chief Investment Officer and Head of Transactions, APAC Real Estate.
The report highlights that unfair contract terms and pricing practices were enforcement priorities last financial year, while offering insight into potential priorities for the years ahead.
In its 22-23 report, the Australian Prudential Regulation Authority summarised work it undertook to enhance sector resilience and improve policyholder outcomes, while acknowledging escalating challenges...
Against the backdrop of devasting natural catastrophes, China's State Council is seeking to reduce the country's protection gap with expansion of insurance products in small towns, rural areas, and for...
South Korea leads in insurance digitalization according to Swiss Re's Insurance Digitalisation Index, with focus on R&D spending and digital connectivity; emerging markets are also catching up, providing...
A model created by Lloyd's predicts that a food supply shock event could result in between US$3 trillion to US$18 trillion in global economic losses, with Greater China and APAC most vulnerable.
