This year's Asian Actuarial Conference (AAC), to be held in Hong Kong from 22 to 25 October, will have the theme of 'Innovation, International Hubs and Hong Kong'. As always, the AAC will attempt to explore the issues that affect actuaries across Asia, looking into their future, their potential evolution and how the landscape of the actuarial profession might change. We speak to AAC's programme chairperson Orchis Li about the conference.
Asia Pacific insurers are reducing their exposure to equity or credit risks, while increasing capital allocations to diversified business growth, says Mr Frank Yuen, VP senior credit officer at Moody's Ratings.
Specialist Risk Group (SRG) has expanded into APAC, and appointed Mr Chua Eng Leong as a non-executive director of its new subsidiary based in Singapore.
Pricing in the APAC reinsurance market in 2024 is stable due to adequate capacity, reversing from the hard market conditions of 2023, which were characterised by price increases and tighter renewal terms, says Fitch Ratings.
Speakers at the 2024 Global Asia Insurance Partnership (GAIP) Summit explored the current landscape of protection gaps, while discussing global efforts to address these challenges and evaluating the effectiveness of these initiatives.
Growth in high-net-worth (HNW) wealth in Asia Pacific (APAC), notably in the region's emerging economies and China, continues to outperform globally. This will present a significant opportunity for insurers, according to a report by the Swiss Re Institute (SRI).
Manulife is integrating GenAI with agent operations in Singapore and enhancing capabilities in contact centres and underwriting processes.
Aviva Investors, the asset manager of Aviva Group, has appointed Ms Sandra Cheng to the roles of CEO, APAC and head of APAC, distribution. In her new role, she will lead all business development and client relationships in the region.
New research by Hong Kong-based Sun Life Asia has revealed huge differences between two distinct groups in the retirement market - Gold Star Planners who make retirement plans and look to their later years with optimism, and Retirement Rebels who have no plans and who struggle.
The SEADRIF Insurance Company has made a payout of $750,000 following the passage of typhoon Yagi which devastated eight provinces in Lao PDR, including Vientiane, Phongsaly, Luangnamtha, Oudomxay, Bokeo, Luangprabang, Xiengkhuang and Xayabouri.