Insurance Business Asia

Asia's insurance industry shines with innovation! The 5-Star Insurance Innovators report by Insurance Business Asia highlights 13 trailblazers transforming the market with advancements in technology, products, and distribution methods. https://hubs.la/Q02_dLGl0

At Capital Markets Day, Allianz SE CEO Oliver Bäte unveiled bold targets for 2027, focusing on growth, productivity, and resilience. With €9.5B operating profit projected in property-casualty and 8% annual growth in asset management, Allianz is set to redefine sustainable, capital-efficient growth. https://hubs.la/Q02_bymG0

The General Insurance Association of Korea (GIAK) and the Indonesian General Insurance Association (AAUI) have entered into a new memorandum of understanding (MOU) to advance collaboration and foster stronger industry ties. https://hubs.la/Q02_bN1z0

AXA Hong Kong and Macau has partnered with HK Express Airways to launch a parametric flight delay insurance program for customers who purchase the U-First service. https://hubs.la/Q02_bxMq0

From Ivy League graduate to accused murderer—Luigi Nicholas Mangione's journey shocks many. Charged with the murder of insurance executive Brian Thompson, the case raises pressing questions about systemic rage, morality, and law and order. https://hubs.la/Q02_bxMp0

American International Group Inc (AIG) has completed the sale of 120 million shares of its subsidiary Corebridge Financial Inc to Nippon Life Insurance Company. https://hubs.la/Q02_bwLJ0

Mark Cloutier, chief executive and executive chairman of Aspen Insurance Group, has been elected chairman of the Association of Bermuda Insurers and Reinsurers (ABIR) for the 2025-2026 term. https://hubs.la/Q02_2dP10

American International Group (AIG) has announced cash tender offers to repurchase up to $750 million of certain outstanding notes. https://hubs.la/Q02_2mhJ0

The killing of UnitedHealthcare CEO Brian Thompson last week in New York has revealed a growing anger against the insurance industry as clues found at the scene of the crime point to a targeted attack. https://hubs.la/Q02_2f0Z0

Star Health and Allied Insurance Company Ltd has been issued a show cause notice by the Insurance Regulatory and Development Authority of India (IRDAI) over alleged compliance concerns. https://hubs.la/Q02_2dP00