Aon names Stephen new CEO for Indonesia business
He served as chief underwriting officer for Zurich in Indonesia. Aon plc has appointed Stephen as CEO for Indonesia, effective 3 August 2026. Stephen brings more than two decades of…
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Category: News
Asia-Pacific losses fall as insured damage hits $1b in H1 2026
Australia’s bushfires generated almost $1b in economic damage. Natural disaster losses in Asia-Pacific (APAC) fell well below average in the first half of 2026, and just over $1b was insured,…
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Chubb appoints Joglekar to lead Malaysia operations
He will oversee personal lines accident and health and commercial property and casualty. Chubb has appointed Gurudutt Joglekar as Country President of Chubb Insurance Malaysia Berhad, effective immediately, to oversee…
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Investment income props up China United Property profits
Underwriting results remained close to break-even despite steady business expansion China United Property Insurance Company expects steady annual growth over the next three years. Its profits have been driven mainly…
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Etiqa launches endowment plan amidst volatility fears
The product spreads exposure across United States equities, bonds and commodities. Etiqa Insurance Singapore has launched Enrich Index Income, a non-participating endowment plan that combines index-linked returns with capital protection…
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Hong Kong life sales soar despite investor caution: Jefferies
Local sentiment remained positive as visitor traffic and insurance opportunities strengthened. Agent-led sales in Hong Kong’s life insurance sector are expected to be more evenly distributed throughout the year, which…
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Singlife opens lower-cost healthcare to foodpanda riders
Enrolment is free for all active delivery partners in Singapore. Singlife has partnered with food and grocery delivery platform foodpanda to provide delivery partners with affordable insurance plans. “From today,…
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Sun Life Philippines pays $84m in claims in 2025
Policy maturities added another P3.17b in customer payouts during 2025. Sun Life Philippines paid more than $84.0m (P5.25b) in insurance claims in 2025, which is the cumulative total of claims…
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China marine insurer absorbs bank investment markdown
Lower-than-expected claim payouts helped insurance operations post a slight profit gain. China Shipowners Mutual Assurance Association (China P&I) is expected to maintain strong financial reserves and stable income over the…
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MSIG adds cyber cover as small firms face resource gaps
Threat monitoring and incident response are bundled with the policy. MSIG Singapore has partnered with the newly launched Cybersecurity Association Singapore Limited (CASL) to provide cyber insurance as part of…
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