Malaysian Re reports US$23.8m net profit in H1 FY 2024
November 21 2023 by Kristina Shperlik
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Swiss Re promotes Iris Cheung to head of L&H reinsurance for Hong Kong, Taiwan
- September 8
She succeeds Torben Swart, who was promoted to managing director and appointed head of technical and operational excellence for APAC, excluding China.
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Hannover Re sees stable to softer APAC reinsurance rates in 2027
- September 7
Reinsurer plans to make at least stable reinsurance capacities available for upcoming renewals, provided risk-adequate prices can be obtained.
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China announces US$9bn recapitalisation plan for state-owned insurers
- September 7
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
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Cyber, AI ‘fundamentally changing risk landscape,’ demanding new solutions: Munich Re
- September 7
German reinsurer also cites rising cost of non-peak perils after insured losses topped US$100bn for the first time last year.
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BlackRock | Infrastructure comes of age for insurers
Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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PartnerRe | The missing life stage: why caregiving is reshaping the future of protection in APAC
To stay relevant, insurers should engage caregivers earlier with solutions that combine protection, navigation support, and preventative planning.
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BHSI | The real risk begins underwater: How subsea risk is changing insurance
Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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Beazley | Clean marine: How aqua-innovators can ride the energy wave
Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
