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Global tag returned 3825 results

  • Global: Aon appoints new CUO

    Aon has appointed Mr Simon Clapham as CUO for Aon Underwriting Managers (AUM).

    Asia | 05 Nov 2024
  • MAS chairman outlines how Singapore will help reinsurance industry navigate four main transitions

    Amid the growth in demand for reinsurance, driven by four major transitions - climate, energy, digital, and demographic - Singapore will reinforce its status as Asia's leading reinsurance hub through several approaches, according to Singapore deputy prime minister, minister for trade and industry and chairman of the Monetary Authority of Singapore (MAS) Gan Kim Yong.

    Asia | 05 Nov 2024
  • Global: ESG sukuk to exceed US$50bn by 2025

    Global ESG sukuk issuance is expected to continue rising over 4Q24-2025, driven by investor demand, funding and diversification goals, and government sustainability initiatives in some Muslim-majority countries, Fitch Ratings says.

    Middle East | 04 Nov 2024
  • Global reinsurers' return on equity jumps to 22% in 2023

    AM Best's population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023, a five-year high, driven mainly by a turnaround in unrealised losses from the previous year and strong underwriting performance.

    Asia | 04 Nov 2024
  • Singapore: MAS establishes Global Finance & Technology Network to propel FinTech growth

    The Monetary Authority of Singapore (MAS) has announced the establishment of the Global Finance &Technology Network (GFTN) to strengthen Singapore as a global FinTech hub and enhance global connectivity for impactful innovation in financial services.

    Asia | 01 Nov 2024
  • Asia: Empathy can drive life insurance sales

    While life insurance agents should know their products and be transparent about the terms of a policy, empathy is key when it comes to connecting with a prospective client.

    Agents | 30 Oct 2024
  • Global: Prudential appoints new chief partnership distribution officer

    Prudential has appointed Mr Patrick van Heerde as chief partnership distribution officer, effective 4 November. In his new role, he will spearhead Prudential's bancassurance businesses across its 24 markets in Asia and Africa.

    Asia | 30 Oct 2024
  • Property & Indemnity clubs opt for rate hikes In 2025

    The International Group of Protection and Indemnity Clubs (IG) is expected to increase rates by an average of close to 5% in 2025, similar to the increase during the renewals in 2024, according to S&P Global Ratings.

    Asia | 29 Oct 2024
  • Global marine insurance premiums grow by 6% to nearly US$39bn

    Global marine insurance premiums in 2023 totalled $38.9bn - a 5.9% increase over 2022, according to the International Union of Marine Insurance (IUMI).

    Asia | 24 Oct 2024
  • Regulation: IAIS releases Strategic Plan for 2025-2029

    The International Association of Insurance Supervisors (IAIS) has published its five-year Strategic Plan for 2025-2029 which articulates the core objectives of the IAIS, identifies a set of strategic themes, and outlines the operational priorities of the IAIS.

    Asia | 23 Oct 2024


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