Asia is a region where the significance and impact of health, health care and health insurance cannot be overstated, said QBE Singapore CEO, Ronak Shah, speaking in his capacity as General Insurance Association of Singapore president at the 19th Asia Healthcare and Health Insurance Conference yesterday morning.
Kairos Risk Solutions has appointed Mr Stephen Lee as managing director, banking solutions. In his new role, he will spearhead Kairos' consulting solutions to major banks within Asia.
A high proportion of 85% of companies in Asia currently provides some form of insurance benefit to their employees, according to the results of a survey which are published in a new report titled "Asia Employee Benefits Report".
Global Risk Solutions (GRS), Liberty Mutual's global commercial and specialty (re)insurer and international insurance operations, has been restructured to bring together two business units in Asia - LSM and Asia Retail Markets - under a single unified strategy in the region.
Hong Kong's Insurance Authority (IA) held its Insurance-linked Securities (ILS) Conference earlier in April 2024. The conference, tailored specifically for institutional investors and related professional service providers, was the first of its kind.
In 2022, the Law on Insurance Businesses No 08/2022/QH15 came into effect, following the commitment agreed upon in the EU-Vietnam Free Trade Agreement in 2020, according to the Insurance Supervisory Authority (ISA) of Vietnam.
Guy Carpenter has appointed Mr Richard Chu as managing director, credit, bond and political risk, global specialties. In his new role, he will be responsible for new business development across the APAC region by supporting client relationships in the areas of credit, bond and political risk.
The AIA Group has launched "AIA CAN: An Eco-Office Movement" (AIA CAN) - a large-scale, multi-year programme that seeks to empower over 25,000 employees across 18 markets to adopt environmentally conscious mindsets, attitudes and behaviours to create more sustainable workplaces and a healthier planet.
Insurance industry organisation, CRESTA, which provides a global standard for risk accumulation zones and natural catastrophe industry losses, has added the Japanese Noto Peninsula Earthquake in early 2024 to its CRESTA Industry Loss Index (CLIX).
Sompo has appointed Mr Kenneth Reilly as CEO, insurance, subject to regulatory and immigration approvals. In his new role, he will be responsible for all of Sompo's insurance business across APAC.