One pressing reality that continues to affect all of us is medical inflation.
A total of 50 finalists representing the best life insurance agents and advisers across Asia Pacific from 47 different companies from 13 markets have made it to the finals of the 10th Asia Trusted Life Agents & Advisers Awards.
Allianz Asia Pacific has appointed Mr Vojtech Pivný as regional CFO.
Willis, a WTW business, has appointed Ms Daphne Duan (Wheal), as director of strategic risk consulting (SRC).
Bridge Specialty International has appointed Mr Chan Hon Kian as head of trade risk at Acorn International Network, its company based in Singapore.
A new survey has revealed that while overall perceptions of financial security in Asia have slightly improved, the reality is more sobering - particularly for GenZ, who emerge as the least financially secure and resilient generation surveyed.
Most people who work in insurance do so because they care about people, according to QBE Asia CEO Rob Kosova.
As populations across Asia continue to age rapidly-particularly in markets like Hong Kong, Singapore, Japan, Korea and even in mainland China-the insurance industry finds itself at a critical juncture. A recent roundtable hosted by Verisk gathered industry experts to examine the multifaceted impacts of ageing and rising chronic illnesses on healthcare and insurance, and how these challenges could reshape the sector in the next decade.
FWD Group Holdings' (FWDGHL) bottom line, underpinned by sustained growth through both onshore and offshore channels in Hong Kong and a solid business presence in Thailand, is expected to continue to improve in 2025 according to Fitch Ratings. The group's growth is also expected to benefit from its established bancassurance channel.
Mr Reynaldo A Regalado, Insurance Commissioner of the Philippines, has been elected as the chairman of Asian Reinsurance Corporation (Asian Re).