News
This week in insurance: Hong Kong faces regulatory risks, insurers expand partnerships, and construction scrutiny rises
1+ day, 11+ hour ago (406+ words) Zurich Insurance and YAS Insurance to offer embedded micro-insurance for robots. The insurance industry from 15 to 19 June saw increased regulatory and risk-management focus, alongside a series of partnerships, product launches, and digital distribution initiatives across Asia and the Middle East....
Pioneer Insurance adopts Whoscall to block scam calls
2+ day, 10+ hour ago (144+ words) The insurer is the first in the Philippines to use Verified Business Number. Pioneer Insurance & Surety Corporation has partnered with Gogolook, the developer of anti-scam application Whoscall, becoming the first insurer in the Philippines to adopt Whoscall's Verified Business Number…...
China insurers grow assets 15. 1% to $6. 2t in Q4 2025
2+ week, 6+ day ago (167+ words) Insurance companies and asset managers held RMB41. 3t at end 2025. China's insurance sector continued to expand in 2025, with total assets of insurance companies and insurance asset management firms reaching $6. 2t (RMB41. 3t) at the end of the fourth quarter of 2025 (Q4 2025), up 15. 1% year-on-year (Yo Y)." Personal insurance…...
Manulife names Sangal and Kee to senior Asia roles
3+ week, 5+ day ago (163+ words) Sangal joins the Philippines executive committee as Kee prepares to succeed Graham. Manulife Philippines has appointed Manish Sangal as deputy CEO, with the executive joining the company's executive committee and reporting to President and CEO Rahul Hora. Sangal joins the…...
Zurich APAC appoints two leaders to sharpen commercial push
3+ week, 5+ day ago (141+ words) Both roles are based in Singapore and cover regional commercial insurance operations. Giles Crowley has been appointed head of Customer and Distribution Management for the Asia-Pacific region." Crowley has worked at Zurich for 30 years in technical, distribution, and leadership positions…...
Zurich taps 30-year veteran for APAC customer role
3+ week, 6+ day ago (197+ words) Crowley has spent more than 10 years working across Australia and New Zealand. Zurich Financial Services Australia (Zurich) today announced changes to its local general insurance leadership team. Crowley has worked with the Zurich Group for over three decades, including more…...
This week in insurance: Manulife expands screening, Prudential and Marsh strike deals, leadership shifts emerge
4+ week, 1+ day ago (337+ words) Alaric Lee has been appointed CEO, Hong Kong for Howden. The insurance and broader financial services landscape from 18 to 22 May was marked by strategic acquisitions and partnerships, leadership changes, and the launch of new products and high-net-worth offerings. Manulife Singapore…...
FWD hires Manulife veteran to lead HNW business
4+ week, 2+ day ago (120+ words) Bensman spent 18 years at Manulife and helped build its private client operations. FWD Group has appointed Mark Bensman as Chief Officer of its high-net-worth (HNW) business, as the insurer expands its private client operations across Asia and offshore markets. Bensman…...
Dai-ichi Life eyes 40% overseas profit share
1+ mon, 10+ hour ago (269+ words) Non insurance businesses are expected to contribute 10% by fiscal 2030. Dai-ichi Life is expected to deliver steady but modest earnings growth in the coming years, as gains from overseas expansion and higher investment income offset pressure on its core domestic business....
Zurich P&C premiums jump 8% to $15. 6b Q1 2026
1+ mon, 10+ hour ago (206+ words) Commercial insurance rose 9% on demand from construction and Middle Market expansion. Zurich Insurance Group's business growth accelerated in the first quarter of 2026 (Q1 2026), driven by demand for data centre construction and Middle Market expansion. Property and Casualty (P&C) gross written premiums…...