The Asia Care Survey 2024, conducted by life insurer Manulife found physical wellbeing was considered the most important to respondents, with 39%. Financial and mental wellbeing came in second and third place with 32% and 29% respectively.
The outlook for most of the life insurance markets in Asia Pacific is stable, said S&P Ratings Services in a report published last week.
QBE Asia has appointed Mr Jeremy Lau as CUO, effective 1 August 2024. In his new role, he will be responsible for driving the firm's underwriting strategy, governance and performance.
Marsh, the world's leading insurance broker and risk advisor and a business of Marsh McLennan, yesterday announced the launch of the Centre for Climate Adaptation and Resilience Excellence (CCARE).
Asian Re has elected Ms Sumalee Satitchaichareon as chairperson.
Australasia's specialist insurance & risk law firm Wotton + Kearney officially opens its Asia hub in Singapore this week, establishing itself as a major legal player in insurance and risk across the Asia Pacific region. Wotton + Kearney's Asia move represents a first for an Australian-domiciled insurance and risk law firm.
Prudential has appointed Dr Zoe Hibbert as chief of corporate affairs. In her new role, she will oversee Prudential's corporate affairs function, including communications, events and brand strategy.
Bangkok-based Asian Reinsurance Corporation (Asian Re) has released its financial results for 2023 for which net profits jumped by 76% to $3.21m, compared to 2022, according to a statement released by the reinsurer.
Asian Reinsurance Corporation's (Asian Re) operating performance, though marginal, is on an improving trend, notes AM Best.
Prudential has appointed Ms Grace Park as chief data, analytics & AI officer. In her new role, she will be responsible for accelerating Prudential's use of data and AI across its business functions to enable growth and deliver efficiencies.