Asian and European insurers captured seven of the top 10 global spots. Asian and European insurers take over in terms of market capitalisation, amidst a structural repricing of healthcare and…
Read article →Seven in 10 recognise the importance, yet over half fail to secure any policy. More than 70% of Hong Kong residents said they are well aware of the importance of…
Read article →Rampe joined Chubb in 2005. Chubb Limited announced that Kevin Rampe has been named Senior Vice President, Chubb Group, Global Claims Officer, responsible for global claims management. The appointment is…
Read article →The report finds liability often falls on companies deploying tools, not developers. Businesses are facing growing legal and financial risks as they adopt artificial intelligence faster than insurers can adapt,…
Read article →He says risk management has drifted from core underwriting toward compliance functions. Transformative Financial Services CEO, Rangam Bir, said Malaysian insurers must move beyond compliance-driven risk management toward forward-looking pricing,…
Read article →More than half of wealthy individuals already have arrangements in place before age 50. Malaysia’s ultra-rich prefer life insurance as the primary legacy planning tool, with over half of high-net-worth…
Read article →Global gross written premiums climbed from around $8b in 2020. Global cyber gross written premiums have doubled from around $8b in 2020 to nearly $16b, and Gallagher Re estimates they…
Read article →S&P expects capital buffers to absorb investment and underwriting strain for now. Asia-Pacific (APAC) insurance companies are currently managing limited direct exposure to the Middle East conflict, though they remain…
Read article →National Indemnity received 48,207,200 common shares through a third-party allotment. Tokio Marine Holdings has completed the payment for its disposal of treasury shares to National Indemnity Company, a wholly owned…
Read article →A quarter of respondents still have no arrangements in place for wealth transfer. Sun Life of Canada (Philippines) has launched the Sun Life Premier Legacy, as it seeks to capture…
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