Singapore: HSBC Life appoints new chief agency development officer

...China....

Growth opportunities abound for smart insurance brokers

...China and India?   “Absolutely,” said Mr Wilson. “Tysers has a long-standing reputation and strong presence in Bangladesh and we are probably its pr...

People on the move

...China, South Korea and Vietnam. He will also be a member of the group executive committee.    Mr Zhang joined AIA China in 2000 and became CEO in 2017....

Three focus areas for APAC insurance leaders in 2025

...China and the US, are reshaping market strategies and partially driving supply chain shifts to ASEAN countries and India, say Oliver Wyman’s...

Brand matters

...China Re for the first time, while Taiping Re rounded out the Top 10, highlighting the growing strength of regional firms RenRe (now including Validus Re) and Berkley Re saw the largest ra...

Growth opportunities abound for smart insurance brokers

...China and India?   “Absolutely,” said Mr Wilson. “Tysers has a long-standing reputation and strong presence in Bangladesh and we are probably its pr...

APRIL works with AIG to step up presence in China

...China, APRIL International has chosen to draw on the expertise of its long-standing strategic insurance partner, AIG, says the French group in a statement. Combining APRIL's strength in designing...

Huize applies for insurance brokerage licence in Singapore

...Huize Holding, a Nasdaq-listed InsurTech platform company, has said that it is in the process of applying for an insurance brokerage licence in Singapore, with plans to further develop high-end insurance services in the Southeast Asian region....

Regulator licenses new insurer reportedly to take over operations of insolvent digital underwriter

...China. Its shareholders then are mainly Beijing-based privately-held companies. However, the insurer has incurred persistent losses. Its management was also unstable and several senior executives qui...

AXA and PICC agree to cooperate on global stage

...China. The signing was witnessed by Mr Zhao Peng, p...

People on the move

...China  Captain Harshvardhan Kumar as director – marine technical services in Australia Mr Ong Eng Hong as marine surveyor in Singapo...

Asia Insurance Industry Awards 2024 winners revealed

Actuaries are the bridge between technology and risk

...China managing director Daisy Ning began her address by saying, “Hong Kong presents enormous opportunities. The market has shown a real rebound.”   The mo...

Chinese InsurTech weighs Hong Kong re-listing amid challenges

...;China’s first listed InsurTech company’ when it went public on the NYSE in 2021, announced that it is exploring relisting in Hong Kong. Since its US debut, Waterdrop’s stock has fal...

NEV insurance premiums surge with new entrants

...China’s cities, and new Chinese car makers entering the industry are helping meet demand. However, this has led to a surge in premium pricing, as insurers consider the emerging risks of these v...

Asia insurance is on the cusp of transition

...China and Singapore has significantly raised the bar on underwriting precision, enhanced fraud detection, and increased the velocity of claims processing.    The...

You cannot fight macroeconomics

...China and 20% elsewhere – can only lead to retaliation which would result in a swift decline in world trade and output.   Informed estimates suggest that this w...

Motor InsurTech eyes SE Asia and Middle East markets to serve Chinese NEV manufacturers overseas

...China, including Nio, BAIC, Dongfeng Motor, Shanghai Jidu Automobile and Great Wall Motor....

Asia: AIA appoints new regional chief executive

...China, South Korea and Vietnam. He will also be a member of the Group Executive Committee. Mr Zhang joined AIA China in 2000 and became CEO in 2017....

Insurance CEOs voice confidence that business will grow over the next 3 years

...China, France, Germany, India, Italy, Japan, Spain, UK and US) and 11 key industry sectors, including insurance. The best-represented countries based on organisational headq...

Asia Pacific: Allianz maintains momentum with double-digit growth in first 3 quarters

...China, India, Indonesia, Laos, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan, and Thailand....

Higher vehicle sales drive up new-energy vehicle insurance premiums

...China Passenger Car Association, in the first nine months of this year, the production and sales of new energy vehicles reached 8.316m and 8.32m respectively, up by 31.7% and 32.5% year-on-year respe...

UAE: Study attributes UAE's high vitality levels to its whole-person health approach

...China, Singapore, and Hong Kong....

Online broking platform co eyes secondary listing in HK

...China, is looking at opportunities to list in Hong Kong within the next two years....

People on the move

...China, Hong Kong and Taiwan, from 2021. He worked previously as general manager, non-life for the company, in Johannesburg, South Africa.   Mr Tonat started his caree...

People on the move

...China, many of whose business interests are increasingly focused on the region. ...

East Asian insurers continue to collaborate

...China, Hong Kong and Singapore were firm supporters of the UNPSI, and time will tell if Asia can meet the challenge....

Reinsurers can benefit from catastrophe modelling and risk transfer

...;China, a key market in our portfolio, bore the brunt of the economic impact, incurring $32bn in damages. These figures underscore the persistent threat of flooding in the APAC reg...

Building confidence in Asian markets through reinsurance

...China, India, Iran, Philippines, South Korea, Sri Lanka and Thailand. Headquartered in Thailand, the company has a strong presence in the APAC region.   APAC reinsure...

Indonesia: Igloo ventures into D2C market

...China and India. It has partnered with over 75 well-known brand names across the markets in various verticals, including insurance, telecommunications, e-commerce, hospitality, healthTech, and financ...

Winners of the Hong Kong Insurance Awards 2024 unveiled

Independent wholesale insurance broker established in Shanghai

...China. This relationship aims to bring significant volumes of new overseas insurance business into the China market which, it is hoped, will be traded in the Shanghai International Reinsurance Centre...

US-listed Chinese online insurance broking co rebrands to carve out new paths

...China by setting up new offices in Singapore, Vietnam, Europe, the US, and Hong Kong....

South Korea: Starr opens branch in Seoul

...China, Hong Kong, Malta, Singapore, Switzerland and the UK....

China: XL Re China adopts new name "AXA International Re"

...China....

Singapore: 15% of high-income retirees taken aback by retirement expense levels

...China, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, and Vietnam. The majority of respondents were drawn from middle to high-income backgrounds, with some representation from lower-inco...

China: Authorities nab another New China Insurance ex-chairman for corruption

...China. He served as the president of New China Asset Management Co, a subsidiary of New China, starting in 2010. In August 2019, he was promoted to be the CEO and president of New China. In September...

Cheche links arms with China unit of Tokio Marine

...China is underscored as well."...

Regional reinsurance brokers reinventing game plan

...China, hence business is growing,” he said.    M&A on the rise in the region M&A...

People on the move

...China: Prudential appoints new regional CEO Prudential has appointed Ms Angel Ng as regional CEO, Greater China, customer and wealth. She will also join...

AI empowering actuaries to drive change

...China, where AI is used to gather enough information about someone’s health in just a few minutes. This could significantly streamline what is currently a lengthy, time-consuming, expensive, an...

Hong Kong: Insurance regulatory action enhances GBA connectivity

...China visitors by combating the unlicensed cross-boundary selling of insurance products is one of the ways in which Hong Kong’s Insurance Authority (IA) is ensuring smooth connectivity and busi...

Listed online insurance platform company sets sights on 2 new Asean markets

...China) market for Huize which completed the acquisition of a...

Asia Pacific: Opportunity knocks for insurers in family office boom

...China, Singapore, and international high net worth, at Sun Life, says that “there is a need...

China: Life insurance practitioners gather in Shanghai

...China Day," co-hosted by the Million Dollar Roundtable and the Chamber of International Commerce Shanghai, brought together experts and industry veterans to discuss topics such as financial and...

Listed InsurTech wins tender to provide TPA services to PICC Group

...Nasdaq-listed Zhibao Technology, engaged primarily in providing digital insurance brokerage services through its operating entities in China, has won a tender to provide high-end medical third party administration (TPA) services to the People's Insurance Company of China (PICC Group), one of the largest insurance groups in the country....

Allianz Asia-Pacific reports 5% rise in operating profit in 1H2024

...China, India, Indonesia, Laos, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan, and Thailand....

Cyber attacks on Hong Kong regulator, insurers and agencies

...China CEO Patrick Zeng said. According to the Allianz Risk Barometer: Identifying the major business risks for 2024, cyber incidents in Hong Kong rose two spots year-on-year to rank second among top...

China gets a new reinsurer

...China’s National Financial Regulatory Administration to open a branch in Beijing. This makes it the 15th reinsurer to be operating in China.   The reinsurer sta...

Life insurance: Promising and positive performance

...China have played a major role in this story. HSBC Life Hong Kong’s Ms Daisy Tsang t...