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AXA Insurance announces strategic name change of “XL Re China” to “AXA International Re”

by AIP Online Bureau | Oct 18, 2024 | International News, Non-Life, Reinsurance

By leveraging data, pricing strategies, and market expertise, AXA International Re is now in a very good position and will focus on developing products and pricing, offering a wider range of reinsurance solutions to its clients in the mainland Chinese market HONG...

Singapore lawmakers amend bill to stop Allianz’s insurance deal

by AIP Online Bureau | Oct 18, 2024 | Eco/Invest/Demography, International News, Life, Policy, Regulation, Workplace/Employee Benefits

The move comes two days after the government — in a rare move — said it wouldn’t be in the public interest for the Income Insurance Ltd. transaction to go ahead in its current form. It wasn’t satisfied the firm can continue to fulfill its social mission as a...
‘India’s growth rate is among the shiniest parts in the world economy’: Ajay Banga

‘India’s growth rate is among the shiniest parts in the world economy’: Ajay Banga

by AIP Online Bureau | Oct 18, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

Ajay Banga,president,World Bank A lot of that growth is in India, is driven by the domestic market as well, which actually is a healthy sign, in some ways. What India needs to work on as the prime minister laid out is things on quality of life, like air and the...

Chinese cyber association calls for review of Intel products sold in China

by AIP Online Bureau | Oct 17, 2024 | International News, Policy, Regulation, Risk Management, Technology

The industry group goes on to state that operating systems embedded in all Intel processors are vulnerable to backdoors created by the U.S. National Security Agency. Intel Corp. products sold in China should be subject to a security review, the Cybersecurity...
Sompo appoints Maya Dongyoung Lee as chief operating officer, Asia Pacific

Sompo appoints Maya Dongyoung Lee as chief operating officer, Asia Pacific

by AIP Online Bureau | Oct 16, 2024 | International News, Non-Life, Reinsurance

Maya Dongyoung Lee as Chief Operating Officer, Asia Pacific, Sompo In her new role, Lee will be responsible for leading Sompo’s APAC operations, including operational excellence and resilience, transformation and project management, and building its operational...
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