Australia: Insurers are among employers to grant highest salary hike in 2024

...The insurance market is among three economic sectors expected to grant the highest pay increase of 4.2% this year, according to a survey by WTW, a leading global advisory, broking and solutions company....

Singapore: Insurance industry ready for digital transformation

...C-suite....

Asia: M&As and regulatory changes to define 2024 for insurers in HK and Singapore

...C-suite executives) across 59 insurers and 23 insurance asset managers in Hong Kong and Singapore M&A activity Insurers and...

Failure to attract and retain talent is a major business risk

...C-suite leaders and other executives from 61 countries and territories to identify their most-pressing business challenges. Aon CEO Greg Case said, "Through the use of advanced analyti...

Insurers prioritise profit over growth

...C-suite executives selected macroeconomic challenges as the top trend. Insurers said the ability to attract and retain talent is a significant challenge, with large insurers giving this a s...

Insurance industry is the least confident in managing its risks

...C-suite and senior executives across various industries about their avenues of tackling risks, especially as new challenges come forward in an increasingly volatile environment. The report...

Singapore: MDRT appoints two new staff members

...C-suite advisory and sales experience from her most recent role at Standard Chartered Singapore. In MDRT, Ms Squires will lead a team focused on membership, member gatherings and relationships with f...

Macau: Insurance sector looks to government's talent scheme to attract expertise

...Macau's new talent recruitment system to be in effect on 1 July will be an opportunity to ease the shortage of skilled industry professionals, such as underwriters and actuarial analysts, the president of the Macau Insurance Industry Professionals Association (MIIPA), Ivan Cheung, has said....

Insurers must do more to protect nature

...c-suite decision-makers. The report urges insurers to: Develop more use cases and adapt present models in order to improve understanding and measurement of nature-related...

Insurance 2040: How insurers leverage technology will guide their competitive advantage

...C-suite by 2040. Industry stakeholders anticipate that direct channels will rise in significance across lines of business, while the expertise of brokers and agents will similarly continue...

Hong Kong's insurers see a rise in female leadership

...C-suite employees are female. · Nearly all (98%) have the same remuneration package and benefits for male and female employees. · Insurers said that operations depar...

India: Regulator to launch info exchange platform to combat insurance fraud

...C-suite stakeholders/senior management responsible for compliance across leading private Indian insurers. Increased digitisation, remote working post-COVID, and weakened controls are key fa...

C-suites expect cyber attacks targeting financial data to increase

...C-suite and other executives during a webcast in October 2022. The participants were asked about attacks targeting the financial and accounting data of their organisations. Among those surv...

Only 50% of companies have the budget to mitigate cyber risks

...C-suite and board of directors at their organisations understand the existing threat levels. But more than two-thirds of respondents agreed that constraints on their budgets would limit their ability...

Geopolitical risks threaten productivity in 2023

...c-suite agenda in 2023, International SOS says, affecting organisations and employees in multiple ways and from multiple causes. International SOS global security director Sally Llewellyn s...

India: Majority foresee an increase in 2023 cyber security budgets

...C-suite. Most CEOs surveyed are planning to ramp up action cybersecurity measures in the coming year – 52% say they will drive major initiatives to improve their organisation’s cyber post...

Prepared leaders make better decisions

...C-suite leaders and senior executives surveyed expect a recession, yet only 35% feel very prepared for it. Aon conducted more than 800 interviews with C-suite and senior executives at compa...

Middle East: NLGIC Group announces C-suite leadership team

...C-suite team comprises seasoned industry professionals with extensive local and global knowledge. The central focus of the leadership is to drive the shared vision of two dynamic and award-winning co...

Australia/New Zealand: Talent keenly sought for underwriting and broking jobs

...The top five jobs in the Australian insurance field which employers want to fill are those of claims assessors, SME underwriters, contact centre agents, brokers and technical claims managers, according to a report by the recruitment specialist Hays....

Only 8% of insurers are preparing adequately for climate change impact

...C-suite executives to ensure ownership and accountability. Second, insurers must rework their innovation approach to bridge the gap between long-term goals and short-term planning by embedd...

India: Anchor investors oversubscribe for their portion of LIC shares

...Anchor investors yesterday over-subscribed for their portion of shares in state-owned life insurance giant LIC's initial public offering (IPO) with bids at the upper end of the price range....

Making the case for open insurance and better ecosystems

...c-suite and board.” Etiqa insurance and takaful chief risk officer Luisa Evaristo said, “Currently, we observed that most of the actions being undertaken by local insurers to de...

Less than half of US executives think supply chains will ease by late 2022

...C-suite executives participated in the survey. They said the ability to hire and retain talent was both the most important factor (77%) and biggest risk (48%) in reaching their organisations’ g...

Saudi Arabia & UAE: Life insurance among top employment perks in 2022

...C-suite levels only. Industry, company, and job role also have a bearing and there are significant variances based on the location of work.” The top benefits offered by employers are:...

Climate change weighs heavy on the minds of the global executives

...C-suite executives across 21 countries to gauge business concerns and actions when it comes to climate change and environmental sustainability, 97% of companies have already felt negative impacts of...

Business interruption and cyber top risks in Aon survey

...C-suite. A preoccupation with managing these immediate risks may be compromising firms’ ability to invest in managing the risks of tomorrow,” he said. In Asia Pacific, pandemic...

Global: Third-party cyber risks: A 'glaring blind spot'

...c-suite executives around the world found that 60% have less than a thorough understanding of the risk of data breaches through third parties, while 20% have little or no understanding at all of thes...

Automation to transform actuarial work over next five years

...c-suite agenda over the last year, according to the survey findings. However, limited time, staff and poor data quality are all barriers to adoption. The survey says that automation is not...

When do you think the role of corporate risk manager will become a recognised c-suite position in most corporates in Asia Pacific?

Collaboration to offer industry-leading data protection warranty

...C-suite to connect policy and financial risk. Our methods include a zero-trust data protection architecture for privacy management that gives control back to the customer by eliminating the need for...

Financial institutions spend increasing amounts on productivity

...C-suite leaders, looked at some key workstreams implemented by financial services businesses and evaluated its impact on productivity. Despite continued cost pressure and the impact of COVI...

APAC lags behind the world in gender diversity in senior management

...C-suite roles Another encouraging finding is the types of leadership roles women are occupying. Grant Thornton’s research reveals higher numbers of women across ope...

Gig workers to form 20% of finance workforce in next five years

...C-suite executives. In the report, ‘gig workers’ are defined as non-full-time employees that are sourced for specific projects and skills and are not exclusive to any employer, and thus d...

Business leaders' top risk concerns over the next decade

...C-suite executives from organizations in a variety of industries and in all regions around the globe. Survey respondents were asked to rate 36 macroeconomic, strategic and operational risks...

Advice gap is growing in Australia

...How to win the hearts and minds of C-suites? - Jaslyn Ng, Court of the Table...

How to win the hearts and minds of C-suites? - Jaslyn Ng, Court of the Table

...C-suites, and how you can, too. Credibility and credentials to gain trust Being a finalist at the 4th Asia Trusted Life Agents and Advisers Awards for...

Pandemic, cyber attacks and data fraud remain top risk concerns for India

...C-suite executives and senior risk professionals – identified a new pandemic or continued fallout of COVID-19 among the top three risks facing their organisation. Cyber attacks (56%),...

Singapore: FinTech association signs MoU with Life Insurance Association

...C-suite executives surveyed for the report indicated that they are investing in developing partnerships and around 60% are investing in digital & technology infrastructure. While the specific opp...

Singapore: LIA inks MOU with FinTech Association

...C-suite executives surveyed for the report shared that they are investing in developing partnerships, and around 60% are investing in digital and technology infrastructure. While the specific opportu...

Survey finds 78% of risk managers now buying cyber insurance

...C-suite and IT professionals in their organisations are the biggest obstacles. When it comes to cyber insurance coverage expectations, 72% want coverage for ‘bricking’ (when an...

Manulife appoints Julie Nestor as new Chief Marketing & Experience Design Officer, Asia

...Tokio Marine Life Insurance Singapore announces new C-suite level appointments to drive strategic growth  ...

Cyber insurance growth may require PPP support

...c-suite of the world’s largest insurers and reinsurers,” said Mr Millaire.  ...

Tokio Marine Life Insurance Singapore announces new C-suite level appointments to drive strategic growth

...Tokio Marine Life Insurance Singapore Ltd (TMLS) welcomes three C-level executives to the senior management team: newly appointed Chief Financial Officer, Edwin Peh, Chief Operations Officer, Esmond Chan and Chief Investment Officer, Goh Kay Yiong....

Preferred Global Health announces senior appointments

...C-suite and senior management placements within the Asia Pacific region.   As a result of his strong service and customer focus, he has been influential in his participation in the str...

Tokio Marine Life Singapore announces three C-suite members

...Tokio Marine Life Insurance Singapore (TMLS) has added three C-level executives to the senior management team: newly appointed CFO Mr Edwin Peh, COO Mr Esmond Chan and chief investment officer Mr Goh Kay Yiong....

Virtual reinsurance renewal season supports insurers during pandemic

...C-suite leaders. The fireside chats will discuss the challenges and opportunities facing major (re)insurers and insurance buyers, sharing both perspectives. It will be hosted by Aon CEO Gre...

Singapore: MAS aims to create opportunities and strengthen local core in financial services

...The Monetary of Singapore (MAS) has set out three priorities to support the local workforce in the financial sector. These are: protecting livelihoods, creating opportunities and strengthening the Singapore core, said Ms Jacqueline Loh, MAS deputy managing director (Markets & Development), in a keynote speech yesterday at a financial sector jobs and skills fair....

#InsuranceInspired Day 1 - Agility, adaptability and credibility to win in the new normal

...C-suite is to seize every opportunity, and be bold and confident, said Jaslyn Ng, one of the top five rookie insurance agents in the Asia Trusted Life Agents & Advisers Awards in...

Connected risk - a new 'week-zero' for global aviation

...c-suite of companies around what we should now consider remote risks to be and the volatility associated with such risks,” said the post. For the insurance industry, underwriting used...

Insuring the uninsurable

...c-suite. Consequently, this means risk becomes absent from corporate decision-making, which potentially exposes the organisation’s balance sheet to future shocks in the longer-term....