Insurance industry doyen and a founding editor of Asia Insurance Review Reynaldo de Dios passed away on 5 May 2024. He was 96 and had played an integral role in the insurance sector for 75 years.
The Council of Australian Life Insurers (CALI) has marked a major milestone in its inaugural Partner Programme with global provider of advanced digital solutions to the financial industry, Equisoft, the first to sign up as a corporate partner.
MixCare Health, an emerging Hong Kong digital health and wellness platform company, has partnered with international health insurance broker and employee benefits specialist Pacific Prime to revolutionise the delivery of health and wellness benefits for Hong Kong employers.
The Council of Australian Life Insurers (CALI) has achieved a significant development in its Partner Program by securing Equisoft, a provider of digital solutions for the financial sector, as its inaugural corporate partner.
Since the reopening of Hong Kong's borders in February 2023, the insurance industry in Hong Kong has experienced a strong revival, with a surge in interest from both local consumers and Mainland Chinese visitors (MCVs), the latter helped by an easing of travel restrictions, notes BMI, a unit of Fitch Solutions.
BMS has appointed Mr Rob Wendin as managing director of its newly created global healthcare liability division. In his new role, he and the division will work with BMS Re's treaty healthcare liability team to ensure cedents, hospitals, integrated systems and captives continue to benefit from the best-in-class service.
The insurance sector has urged President Bola Tinubu and state governors to include insurance experts in their economic teams.
Robust economic development and lines of compulsory insurance have been the main drivers of industry expansion in the region in recent years, says Swiss Re Institute (SRI).
The insurance penetration rate in Turkiye reached 2.3% for the first time in the last 10 years and the country is moving towards the goal of reaching 3%, according to Mr Ugur Gulen, who was re-elected as the president of the Insurance Association of Türkiye (TSB) in April 2024.
The unaudited 1Q2024 net profits reported by China's five major 'A-share'-listed insurance groups amounted to a combined CNY83bn ($11.5bn), 9.2% lower than in the corresponding quarter in 2023.