AIA Singapore today announced several key changes that will take place within its top management team with immediate effect. Ms Ho Lee Yen, who is currently the chief customer and marketing officer will take on the role of chief distribution officer; Ms Melita Teo, the current chief operations officer will take on the role of chief customer and digital officer; and Mr Tan Kian Loy will be promoted to the role of chief operations officer.
Sun Life Hong Kong has sponsored a children's picture book that will raise awareness on diabetes and promote a healthy lifestyle. The children's picture book -Is Something Wrong with Granny?! is published by Diabetes HongKong.
China is no longer going to be the frontrunner in the region with respect to expected growth over the next decade according to a report by Allianz and Euler Hermes.
Overall, life premium growth in China is expected to average around 2% this year before picking up to close to 10% in 2021, says Swiss Re Institute.
Four listed mainland Chinese companies announced in the first half of this year their decision to back out of plans to establish insurance companies in China.
China scores above average on the Index of Cancer Preparedness (ICP) among 10 Asia Pacific markets, according to a new report from The Economist Intelligence Unit (EIU).
Allianz unveiled its latest Global Insurance Report, taking the pulse of insurance markets around the world by looking back at last year's performance and looking ahead at future developments.
All markets in advanced Asia reported non-life premium growth increases in 2019, according to Swiss Re Institute.
Swiss Re Institute has forecast that non-life premium growth in emerging Asia in 2020 and 2021 will average 3% each year, well below the historic trend of 8%. The near-term outlook is clouded by the COVID-19 crisis.
China's share of global premiums will continue to rise rapidly to an estimated 18% in 2030, half the share of the US, Swiss Re Institute predicts in its latest sigma report. The forecast 18% is almost double China's 10% share of the global market last year.