NewsSeptember 28, 20261 min read
Andreas Rosenthal takes over on an interim basis from 28 September. Prudential Assurance Company Singapore CEO Chan San San will take up a newly created role as chief partnership officer…
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NewsSeptember 28, 20262 min read
Local employees posted a 4.26 resilience score against the 4.11 international benchmark. Malaysian workers score above the global average for personal resilience, though financial insecurity remains a key vulnerability, according…
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NewsSeptember 28, 20263 min read
About 83% of insurers cite greater use of healthcare as a key cost driver. Asian health insurers facing a projected 12.5% increase in medical claim costs per person this year…
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NewsSeptember 28, 20261 min read
Sum holds no shareholding interest in GEH or its subsidiaries. Great Eastern Holdings (GEH) has appointed Adeline Sum Wai Fun as a non-executive and independent director effective 1 October. She…
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NewsSeptember 28, 20262 min read
Chinese cargo business surged 19% on e-commerce, EV, photovoltaic and lithium battery exports. Global marine insurance premiums rose 5.5% to $42.6b in 2025, but the underlying market remained soft due…
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NewsSeptember 27, 20263 min read
Global reinsurance capital is projected to reach a record $705b in 2026. Asia-Pacific reinsurers are seeking growth overseas as abundant capital increases competition and puts pressure on prices at home,…
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NewsSeptember 27, 20262 min read
Cathay Life led premium growth whilst its CSM margin remained below peers. Taiwan’s major life insurers reported stronger second-quarter earnings as investment income increased, although strategies on new business profitability…
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NewsSeptember 27, 20261 min read
The expansion starts in 2027 and adds wealth accumulation products to tied-agency consultations. Prudential Singapore has announced that all 5,400 of its tied-agency financial representatives will begin offering unit trusts…
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NewsSeptember 27, 20262 min read
Policyholders can change the life assured and appoint a secondary insured person across generations. Singlife has launched Singlife Heritage Reserve, a US dollar-denominated participating whole-of-life insurance plan designed for long-term…
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NewsSeptember 27, 20262 min read
Global premiums reached $4.8b in 2025 but increased only 0.1% from last year. The offshore energy insurance market remained challenging in 2025 as excess capacity and rising claims costs continued…
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