Coverage can exceed six times the premium under specified conditions. AIA Hong Kong & Macau has launched a participating whole-life insurance plan for high-net-worth …
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Patrick Fyson will oversee property underwriting strategy across Asia. Zurich Insurance Company (Singapore) Ltd has appointed two senior executives to its commercial insurance leadership …
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The target generated more than $272.2m in gross written premiums last year. Tokio Marine Holdings has agreed to acquire UK-based Direct Commercial Limited for …
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Commercial properties along the main trade route face concentrated damage. Overall insured losses from the recent catastrophic flooding in Nepal are expected to be …
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First-half profit climbed 32% year on year after a weak first quarter. PICC Property and Casualty faces higher catastrophe losses and continued pricing pressure …
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Asia-Pacific accounts for just 10% of worldwide premiums compared with 65% for North America. Artificial intelligence (AI) and insufficient policy limits are becoming key …
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Health new business value advanced just 1% during the period. PICC Group faces weaker growth in its life and health businesses and the risk …
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Tough year-on-year comparisons had already weighed on first-quarter momentum. Jefferies Equities research said some Hong Kong-based hedge funds remain cautious about AIA Group Limited’s …
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The company posted positive results in every year from 2021 through 2025. Malaysian Life Reinsurance Group Berhad’s (Malaysian Life Re) capitalisation is expected to …
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Only 24% of respondents have documented their retirement plans. Consumers across Asia–Pacific (APAC) are worried about retirement but are not taking enough action to …
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The insurer’s operating results have been consistently positive over the past 20 years. Macau Insurance Company Limited (MIC) is expected to improve its underwriting …
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106 current and former employees were linked to misconduct cases. Prudential Life Insurance Co. Ltd., the Japan unit of Prudential Financial Inc., reported an …