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Asia tag returned 3597 results

  • Deutsche Rück reports further Asian growth

    Deutsche Rück Group has further expanded its business in 2023 including Asia while simultaneously strengthening its asset base, reported the German reinsurer.

    Asia | 22 May 2024
  • Financial advisers need to be on social media to reach millennials and Gen Z

    Financial advisers should leverage social media to connect with millennials and Gen Z, as new research indicates they are twice as likely to get financial advice online than from a professional, says financial counselor Myles Ma.

    Agents | 14 May 2024
  • Asia: RGA aims for more growth in the region

    US-based life and health reinsurer Reinsurance Group of America (RGA) is targeting further strong growth in Asia on the back of recently closing a $4.7bn deal in Japan.

    Asia | 14 May 2024
  • Asia: Sun Life unveils new critical illness protection plans

    Sun Life has introduced the SunWell Series, a new suite of critical illness protection plans, across Asia.

    Agents | 12 May 2024
  • Asia Pacific: More focus expected on profitability in the short term in P&C reinsurance sector - Hanover Re

    Over the medium to long term, substantial growth in the property and casualty reinsurance in the APAC region continues to be anticipated, says Hannover Re in its outlook on the sector.

    Asia | 10 May 2024
  • Japan: Inflation continues to affect insureds exposed to Nat CAT

    According to the PERILS Industry Exposure Database (IED) 2024, the impact of inflation on insured exposures "continues to be visible". For instance, the PERILS IED for wind Japan remained stable in terms of JPY with y-o-y growth in "low single digits". However, when compared to the USD, the sums insured represented a decline of 5.1% y-o-y due to the appreciating dollar.

    AIRPlus | 09 May 2024
  • Hong Kong: IA finishes public consultation on draft rules for RBC regime

    Hong Kong's Insurance Authority (IA) published its consultation conclusions on six draft rules concerning the implementation of a risk-based capital (RBC) regime in April 2024. This action follows the Legislative Council passing the Insurance (Amendment) Ordinance 2023 and subsequent publishing of the six draft rules for public consultation in December 2023 and January 2024.

    AIRPlus | 09 May 2024
  • China: Uncertain economic prospects impact insurer ratings

    Out of seven insurers in China, outlooks for six were rated 'negative', according to Fitch Ratings, while t the seventh remained 'stable'. A 'negative' outlook "reflects a potential decline in the willingness and ability of the government to support insurers with weaker standalone credit quality, during times of financial stress", Fitch said.

    AIRPlus | 09 May 2024
  • Accelerated warming of Indian ocean predicted

    The Indian Ocean is expected to experience accelerated surface warming of 1.4 degrees Celsius to 3 degrees Celsius between 2020 and 2100, which will push it into a near-permanent heatwave state. It will also intensify cyclones, affect the monsoon and lead to a rise in sea levels according to a new study.

    Asia Risk | 08 May 2024
  • Business leaders in Asia identify political risk as biggest threat

    In Asia, one in three business leaders reported that political risk was the biggest threat to their business this year.

    Asia Risk | 08 May 2024

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