AIA has appointed Mr Ben Ng as group CRO designate and executive committee member, effective 1 October. He will assume the role of group CRO from 1 January 2026, subject to regulatory approvals.
The bedroom is the most targeted room in home thefts, according to a survey by the price comparison platform, Compare the Market
In Japan, across 11 cities, in the quarter century (1974 - 1998) the days of thunder and lightning were confirmed on an average 180 days annually. However, in the quarter century (1999 - 2023) the lightning incidences increased by 16.3% to 209 days per year according to the Nihon Keizai Shimbun's analysis of the Japanese Meteorological Agency's 50 years of data released by Yonhap News agency.
The Capital Market Authority has announced that it has approved separate applications by Chubb Arabia Cooperative Insurance Company and Saudi Reinsurance Company to increase their capital.
China has enacted a new law to regulate the response to public health emergencies and enhance the country's capacity to address such situations according to news agency Xinhua.
The Insurance Regulator of Cambodia (IRC) and Hong Kong's Chartered Insurance Institute (CII) will collaborate to strengthen Cambodia's insurance industry on professional training, knowledge exchange and capacity building.
The Insurance Authority (IA), the insurance regulator in Hong Kong has issued a public reprimand on Tahoe Life Insurance Company and also imposed a fine of $10m to be borne by its shareholders' fund.
Nine out of 10 insurance investment managers think climate risk and its impact will become more important to their portfolios and strategies in the next three years according to a new research.
Willis has announced the launch of its newly established global risk engineering team, an expansion of its global risk and analytics business.
Nasdaq Dubai, an international financial exchange in the Middle East, holds about 31% of global hard-currency sukuk outstanding, giving the UAE a competitive edge within the GCC and core Islamic finance markets, says Fitch Ratings.