His next 3-year term runs through August 2029. The Hong Kong government has reappointed Clement Cheung as Chief Executive Officer of the Insurance Authority (IA) for another three-year term from…
Read article →Traditional firms used 77% of available funds. Global dedicated reinsurance capital reached a record $663b at the end of 2025, up from $607b a year earlier, as traditional reinsurers and…
Read article →The two channels facilitated 504,951 purchases. Advisory channels remained the main route for Singaporeans buying life insurance in the first half of 2026, with Financial Advisory (FA) Representatives and Tied…
Read article →Insurance and service revenue climbed 24.9% year-on-year. Nippon Life’s core operating profit rose 24.7% year-on-year to $1.6b (JPY260.8b) in the first quarter of fiscal 2026, supported by higher investment yield…
Read article →Production shutdowns can outweigh data theft for industrial operators. A ransomware attack that reaches a factory floor can do more than lock files. It can stop machinery, halt production, and…
Read article →Full profit retention supports the insurer’s balance sheet strength. PT KB Insurance Indonesia’s capitalisation remains at the strongest level due to full profit retention. However, this is partially offset by…
Read article →Parent-attributable earnings rebounded to $106.5m during the quarter. Meiji Yasuda Life Insurance reported a 33.7% year-on-year increase in group net operating profit to $934.3m (JPY148.3b) in the first quarter of…
Read article →International underwriting posted an 88.8% combined ratio. Tokio Marine Holdings is expected to return to profit growth from fiscal 2027 as higher premiums and continued strength in its international business…
Read article →Investment income is projected to increase 53.1% this year. MS&AD Insurance Group is expected to see profit growth moderate over the next few years as the boost from lower catastrophe…
Read article →She was previously ANZ’s deputy chief executive officer as well. Zurich Financial Services Australia has appointed Alexis George as independent non-executive director to its board. George has over 30 years…
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