Markel Taps Former Aon Exec Sucheng Chang to Lead Asia Pacific Region
Markel Insurance, the insurance arm of Markel Group Inc. (NYSE: MKL), has appointed Sucheng Chang as Managing Director for Asia Pacific, effective July 14.
He...
Prudential Singapore Launches PRUHospital Care360
Prudential Singapore has introduced PRUHospital Care360, a hospital income insurance plan designed to provide individuals with financial support during hospitalisation and the subsequent recovery...
Philippines: Nat Re Assigned ‘PRS A Plus’ Rating with Stable Outlook by PhilRatings
The National Reinsurance Corporation of the Philippines (NRCP), the country’s sole professional reinsurer, has been assigned a financial strength rating of PRS A plus...
Insurtech bolttech raises $147M in Series C, adds Sumitomo and Iberis Capital as investors
Singapore insurtech company bolttech said it has raised $147 million in its Series C funding round, with Japan’s Sumitomo Corporation and Portugal’s Iberis Capital...
Sun Life to Invest Up to $70M in Hong Kong’s Bowtie, Expanding Digital Insurance...
HONG KONG - Sun Life Hong Kong said on Friday it will invest up to $70 million in Bowtie Life Insurance, Hong Kong’s first...
Chubb Life Hong Kong Launches Health Up Digital Insurance Plan to Promote Wellness
Chubb Life Hong Kong has launched a new digital insurance product, the Health Up Insurance Plan, aimed at encouraging healthier lifestyles through a combination...
AIFT, Shin Kong Life Partner to Launch Digital Insurance in Vietnam
Hong Kong-based insurer AIFT and Taiwan’s Shin Kong Life have entered into a strategic cooperation agreement to launch digital insurance services in Vietnam, signaling...
SingWealth Secures Insurance Brokerage Licence in Hong Kong, Expands Regional Footprint
SingWealth Holdings has secured an insurance brokerage licence in Hong Kong, marking a key milestone in its regional expansion and establishing a formal presence...
IFC, QBE Asia Partner to Tackle Insurance Gap, Boost Climate Resilience in APAC
SINGAPORE – The International Finance Corporation (IFC) and QBE Asia have entered a strategic collaboration to strengthen property insurance resilience across Asia-Pacific through the...
Fitch Maintains Neutral 2025 Outlook for APAC Insurance, Flags Risks in China and Taiwan
Fitch Ratings has maintained a ‘neutral’ sector outlook for Asia-Pacific (APAC) insurance in 2025, citing stable underlying earnings and strong capital buffers across most...