Aon has appointed Mr Rishi Mehra as head of India. In his new role, he will bring capabilities across risk, health, wealth and talent consulting together under a model. The model will bring expertise and solutions to clients across India. He will also be involved in the integration of Global Insurance Brokers.
The Insurance Authority (IA) has been closely monitoring the rise in interest rates that has brought severe volatility which has affected policyholders and the insurance market. The IA says that it has a strong focus on the premium financing business, which is particularly sensitive to changes in interest rates.
Australian Gen Z women are more likely than Gen Z men to feel stressed and overwhelmed by finances and money, according to research released by ASIC's Moneysmart.
A new model released by Lloyd's research and insights platform Futureset estimates the potential five-year global economic impact of the economy slipping into stagnation as $5.2tn.
There is a need for the financial sector, including insurers, to redouble efforts to stimulate savings as inflation continues to eat away at purchasing power, Mr Mohamed Hassan Bensalah, president of the Moroccan Insurance Federation (FMA), has said.
Nearly half of 400 insurance executives participating in a new survey have said their current priorities center on improving profitability rather than growing their businesses.
Enthusiasm among Taiwanese consumers for buying foreign-currency-denominated insurance products has cooled, according to the latest data released by the Financial Supervisory Commission (FSC).
China's gross financial assets grew robustly in 2022, clocking growth of +6.9%, says Allianz Research in its "Allianz Global Wealth Report 2023: The next chapter", released earlier this week.
HSBC's mainland China insurance brokerage has become the first foreign player to obtain licences for both insurance and fund sales, according to the banking group.
Two of the HDFC Bank group companies are set to commence operations from GIFT City -International Financial ServicesCentre (IFSC). They are HDFC International Life and Re, IFSC Branch and HDFC AMC International (IFSC).