Private-sector life insurers are preparing to adjust commission structures for distribution channels, following regulations that came into effect on 1 October requiring insurers to offer higher surrender values for endowment policies.
Specialist Risk Group (SRG), a fast-growing specialist insurance intermediary, majority-owned by Warburg Pincus and Temasek, has announced its launch in Asia Pacific, marking its expansion into the region.
The Insurance Brokers Association of Ghana (IBAG) has voiced concerns over the growing trend of non-insurance institutions, particularly financial entities, selling insurance products to consumers.
The Ardonagh Group, a multi-national independent insurance broking platform, confirms it has completed the acquisition of PSC Insurance Group.
Mumbai-headquartered Mahindra Insurance Brokers, part of the Mahindra Group, has announced the opening of its reinsurance office at Dubai International Financial Centre (DIFC), according to a statement posted on the DIFC website.
WTW has appointed Mr Gerald Dolina as head of Philippines and head of corporate risk and broking Philippines and Mr James Matti as managing director, health, wealth and career Philippines. Both appointments are effective 2 January 2025.
The Insurance Brokers Code Compliance Committee (IBCCC) has called for significant improvements in brokers' disclosure and communication practices, following concerning findings in its latest data report.
WTW, a leading global advisory, broking, and solutions company, yesterday announced the launch of a new China Client Division within Corporate Risk and Broking, North America (CRB NA), marking a significant milestone in the company's strategy to expand its presence and broaden offerings focussed on the Chinese market.
Nasdaq-listed Huize Holding is targeting entry into two new Southeast Asian markets within the next 12 months, with ambitions to become a leading pan-Asian digital insurance platform.
The East Asian Insurance Congress (EAIC) is back, and is currently taking place in Hong Kong where it recovers its mantle as the largest and most recognised event of its kind in the region.