HSBC has initiated a reorganisation of its insurance business, HSBC Insurance (Asia), in the wake of CEO Mr Edward Moncreiffe's departure.
Canada Life Re has announced the formation of its new regional office in Singapore, and appointed Mr Wil Chong as CEO to lead the entity.
Insurance catastrophe models are failing to factor in a little-known class of earthquake despite it being linked to two thirds of industry losses from seismic events in the last decade.
The finalists for the 30th Asia Insurance Industry Awards have been revealed, with 49 of the region's top insurers, reinsurers, brokers, risk managers and service providers making the shortlist. The awards are well known for their stringent criteria and transparent selection process, overseen by a panel of expert judges from across the insurance industry. This year, the awards attracted almost 185 entries in 16 categories.
As people live longer, more are asking the questions, "What will the quality of those years look like?" and "ow do we live longer with health, dignity, independence and purpose?", according to AIA Singapore CEO Wong Sze Keed.
Mandarin Re, a specialty property and casualty reinsurance company, has increased its paid-up capital to $26m.
Global GDP is expected to expand at a resilient pace of 3.0% in 2026 and 3.4% in 2027, according to a blog by Peak Re, which cited the IMF World Economic Outlook report "Global Economy in Crosscurrents of War and Technology".
Sun Life Asia has reported a 153% rise in net income to C$202m ($144m) in the second quarter of 2026.
Zurich Insurance Group reported strong first-half 2026 results for its Asia Pacific business, driven by continued growth in its Life & Savings (L&S) and P&C operations. For the six months ended 30 June, the insurer posted Business Operating Profit (BOP) of $348m, up 15% from a year earlier. Life & Savings BOP rose 19% as insurance revenue increased 16% to $1.4bn. P&C BOP, meanwhile, climbed 12% alongside an 11% increase in GWP to $2.3bn. The business also reported a combined ratio of 94.0%.
The Tokyo area, an important data centre hub in Asia-Pacific, is one of the most Nat CAT and climate hazard-exposed locations globally, says a HDI Global report.