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Better protection for vulnerable groups could boost PH insurer trust: AXA
NewsSeptember 5, 20262 min read

Better protection for vulnerable groups could boost PH insurer trust: AXA

Insurers can draw from guidance used in other jurisdictions. The Philippine insurance sector has an opportunity to strengthen trust and expand financial inclusion by improving how it identifies and supports…

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Asia’s wealth insurers face rising compliance pressure
NewsSeptember 5, 20263 min read

Asia’s wealth insurers face rising compliance pressure

Stricter anti-money laundering and disclosure rules are slowing onboarding. Insurers serving Asia’s ultra-rich families face growing operational and regulatory pressure as cross-border wealth transfers attract tighter scrutiny. Stricter anti-money laundering…

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PH insurers must prioritise simplicity to expand coverage: executives
NewsSeptember 5, 20263 min read

PH insurers must prioritise simplicity to expand coverage: executives

Embedding insurance into everyday transactions can also improve affordability. Insurers need to simplify products and make them easier for customers to understand if they want to expand coverage, industry executives…

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How APAC cyber gap exposes households to fraud
NewsSeptember 5, 20262 min read

How APAC cyber gap exposes households to fraud

bolttech found 39% were already hit by digital crime across the region. Asia-Pacific’s (APAC) cyber protection gap is widening as many consumers expect cybercrime to affect their households, but their…

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24 of 38 OECD nations insure less than half of disaster losses
NewsSeptember 5, 20262 min read

24 of 38 OECD nations insure less than half of disaster losses

The organisation studied hazard exposure and consumer risks across 60 jurisdictions. Despite rising costs, insurance remains underutilised as less than half of natural hazard losses were only insured in 24…

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AXA Climate deepens Fathom tie-up as climate risks rise
NewsSeptember 5, 20261 min read

AXA Climate deepens Fathom tie-up as climate risks rise

The companies said the added modelling is meant to support portfolio level hazard analysis. AXA Climate’s climate risk platform, Altitude, and Fathom said they are expanding their collaboration to further…

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Coface hires 10-year sales veteran Priscilla Ng in Singapore
NewsSeptember 4, 20261 min read

Coface hires 10-year sales veteran Priscilla Ng in Singapore

She previously led APAC Trade Credit sales at AIG before joining the firm. Coface, a trade credit risk management firm, has appointed Priscilla Ng as Commercial director for Singapore. Priscilla…

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MS&AD taps MSIG Asia CEO for global strategy role
NewsSeptember 4, 20261 min read

MS&AD taps MSIG Asia CEO for global strategy role

Philippi will become executive officer and chief strategy officer for int’l operations from 1 April. MSIG Asia CEO Clemens Philippi will take on a new group role at MS&AD Insurance…

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Women take 53% majority as Allianz Life recruitment flips the gender script
NewsSeptember 4, 20262 min read

Women take 53% majority as Allianz Life recruitment flips the gender script

Female agency recruits surpass men at Allianz Life Malaysia amidst shift to flexible careers. Allianz Life Insurance Malaysia Berhad (Allianz Life) reported that women made up 53% of new agency…

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Lockton China names Livy Dai as new CEO
NewsSeptember 4, 20261 min read

Lockton China names Livy Dai as new CEO

He will be based in Shanghai, reporting to Lockton Greater China CEO Alex Yip. Lockton China has named Livy Dai as its new CEO, pending regulatory approval. He will be…

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