Venture capital firm RB Ventures has been launched in Dubai to facilitate venture capital investments into (re)insurance, InsurTechs and other related sectors and providing deal-related services.
Aviva Investors has appointed Mr Denis Resovac as head of insurance solutions sales. In this newly created role, he will be responsible for leading the development of investment solutions for Aviva Investors' insurer clients across APAC.
Oliver Wyman has appointed Mr Paul Ricard as head of insurance and asset management. In his new role, he will be responsible for driving the growth of Oliver Wyman's insurance and asset management practice in the region, leading development of client accounts and ensuring the business is effectively serving the needs of the region.
In 2024, the overall Financial Confidence Index (FCI) remains stable, with slight improvements noted in Financial Resilience (FR) and Financial Wellbeing (FW) compared to 2023, says Sanlam, which is South Africa's largest insurer.
Most insurance institutions expect a moderate increase in bond and stock investments, maintaining a cautious neutral attitude towards the "A"-share market, in the second half of the year, according to the findings of a survey on investor confidence.
As inflation and recession concerns recede, there is a noticeable increase in risk tolerance and confidence among Australian insurers, according to the "2024 Australian Insurance Report" by London-headquartered Janus Henderson Investors.
Taiwan's financial services sector has reduced its exposure to mainland China in the wake of uncertainties arising from the political and economic situation across the Taiwan Strait and the on-going Sino-US trade war.
The National Financial Regulatory Administration (NFRA) has issued an exposure draft to solicit feedback on its proposals to revise the risk classification of insurance assets.
The National Financial Regulatory Administration (NFRA) has scheduled a series of cuts on interest rates on insurance products. The new requirements are set out in the NFRA's "Notice on Improving the Pricing Mechanism for Life Insurance Products" issued on 2 August.
The attitudes of high-net-worth individuals (HNWI) have changed over the past few years, driven by economic and social changes, with many of the younger generation putting an increased focus on ESG and sustainable investing. Asia Insurance Review spoke to Transamerica Life Bermuda's Jeremy Young on how the market has changed and how it has affected their business.