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He brings more than 17 years of insurance industry experience. Zurich Insurance has appointed Wayne Leow as head of Commercial Insurance, Malaysia. Leow will lead the Commercial Insurance function, spearheading…
Read article →The sector is forecast to grow at a 15.6% annual rate through 2034. Asia-Pacific’s insurance market is likely to bag $3.04t this year, driven by a rising middle-class population and…
Read article →AIA reported 26% new business growth in China during the quarter. Major insurance companies in China, including AIA and Prudential, have reported a strong start to 2026, with new business…
Read article →Howden Re compared potential cyber losses to moderate catastrophe years such as 2008. Cyber insurance may be approaching another turning point after four straight years of falling rates, as the…
Read article →Nearly one-third of firms have fully digitised their value chains. Only 7% of the world’s largest insurers qualify as top-tier “Digital Competitors” despite wider investment in digital transformation across the…
Read article →April’s premium increase was the steepest average rise in a decade. Only a fifth of Australians with private health insurance — equivalent to 3.37 million people — have used Buy…
Read article →Fitch said most insurers built capital buffers through earnings and hybrid debt. Major players such as Nippon Life, Dai-ichi Life, and Tokio Marine are expected to continue acquiring foreign insurers…
Read article →Underlying earnings per share stood at C$1.9 in the quarter. Sun Life’s underlying net income in the first quarter (Q1 2026) marginally increased by 0.48% on a year-on-year (YoY) basis…
Read article →Insurance penetration remains below regulator targets despite market growth. The Philippines’ general insurance market is projected to grow 9.2% annually to $3.9b by 2030 as natural disasters drive demand, even…
Read article →Zurich General Insurance and Zurich General Takaful Malaysia were separately fined in January. Zurich Malaysia said it acknowledges sanctions issued by the central bank related to its 2022 screening process.…
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