Sun Life has appointed Mr Bennet Li as senior vice president and CFO for Asia.
Insolvencies in Asia Pacific are anticipated to increase by +5% in 2025 (+1% without China) followed by +6% in 2026 (-4% without China), according to Allianz Trade in its latest Global Insolvency Report released earlier this week.
Data, analytics and insights platform GlobalData expects the APAC reinsurance market to reach $68.4bn in 2029 in terms of reinsurance accepted premiums, growing at a compound annual growth rate of 4.8% from $54bn in 2024.
Microinsurance carriers achieved the "highest rates of penetration among low- and middle-income populations in Asia and the Pacific, according to the report titled "The Landscape of Microinsurance", published by Microinsurance Network earlier this year.
AI is projected to contribute up to $1.1tn in annual value to the global insurance sector, with its positioning as a key driver of productivity and growth, according to Truong Hoang Phuc, FPT Software managing director of Global Insurance & Finance, FPT Corporation.
This year's Asia Trusted Life Agents & Advisers Awards (ATLAA), the region's most prestigious Awards recognising the best in financial advisory with an independently audited judging process, is now open for nominations.
Global carrier M&A dealings slumped to a 16-year low in 2024 as insurers put the brakes on dealmaking amidst uncertainty and volatility, according to a new report by Clyde & Co.
Brand Finance's latest report has ranked Indian life insurer, Life Insurance Corporation of India (LIC) as the third strongest insurance brand in the world.
Allianz Asia Pacific hosted a special event last week to mark International Women's Day.