Insurance
UAE Insurers see 19% revenue growth amidst IFRS 17 shift
AM Best expects consolidation from weak underwriting performance and higher costs.
UAE Insurers see 19% revenue growth amidst IFRS 17 shift
AM Best expects consolidation from weak underwriting performance and higher costs.
Manulife, Standard Chartered expand 2016 ties
Manulife will gain access to the bank’s clientele.
Roojai plans to become full-stack digital insurer with acquisition
In July 2023, Roojai acquired FWD General Insurance.
Health and safety overtake cyber risks in corporate concerns – Clyde & Co.
86% of directors and officers consider health and safety more important.
New Pru Life CEO commits to financial literacy in the Philippines
The CEO met with Insurance Commissioner Atty. Regalado.
FTLife changes name to Chow Tai Fook Life
The insurer plans to rebrand in the third quarter of the year.
AIA’s new business value jumps 31% YoY in Q1’24
Its China, Hong Kong, Thailand and Singapore business saw double-digit growth.
1 in 3 executives dread political risk in 2024
More than 60 countries are holding elections this year.
Insurance rates decline in Q1’24
Rates in catastrophe-exposed regions were stable despite declines.
Great Eastern witnesses 26% YoY profit surge in Q1’24
Its new business-embedded value leapt 21% YoY.
PT Axle Asia revamps as bolttech
bolttech completed the acquisition of the majority stake in Axle Asia in late 2022.
Arthur J. Gallagher & Co.’s Q1’24 earnings surge 26% YoY
It closed a total of 12 acquisitions during the period.
Aon's revenue climbs 5% YoY in Q1’24
Earnings per share stood at $5.35 during the quarter.
Which pet breeds are the most expensive to insure?
Southern Cross Pet Insurance paid a total of AU$30m in claims last year.
Russian marine insurers secure India's approval: Report
The approval came after the Russian National Reinsurance Company provided financial guarantees.
IRDAI explores improved insurance distribution methods
Participants discussed industry readiness for transitioning to Risk-Based Supervision and Capital frameworks.
Prudent underwriting boosts Shinkong's claims experience: AM Best
The company saw a double-digit growth in capital and surplus in 2023.
Most Read
1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Resource Center
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Awards
Jul
09
Event News
Event News
Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
Co-Written / Partner
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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Most Read
1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
09
Commentary
Firewalls are never enough