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Asian Markets: Reinsurers grapple with economic challenges and climate risk, says Fitch

by AIP Online Bureau | Aug 30, 2022 | International News, Non-Life, Pandemic, Reinsurance

Asia-Pacific reinsurers face weather-related catastrophe losses from flooding and drought, such as the major floods in eastern Australia and China in 2022. Reinsurers are re-assessing risk modelling and catastrophe management frameworks to help quantify potential...

World coronavirus cases fall 24%; deaths rise in Asia: WHO

by AIP Online Bureau | Aug 18, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

The U.N. health agency said there were 5.4 million new COVID-19 cases reported last week, a decline of 24% from the previous week. Infections fell everywhere in the world, including by nearly 40% in Africa and Europe and by a third in the Middle East. COVID deaths...

WTW appoints Nicki Tilney as Head of Construction, Power & Renewables, Asia and George Nassaouati as Head of Energy Asia

by AIP Online Bureau | Jun 16, 2022 | Intermediaries, International News, Non-Life, Reinsurance

The alignment of the Construction and Natural Resources Global Line of Business within WTW Asia enables the company to bring a more effective and integrated offering to our clients. WTW’s specialist partners will deliver bespoke and innovative risk solutions...
Mukesh Ambani regains Asia’s richest man tag, surpasses Gautam Adani

Mukesh Ambani regains Asia’s richest man tag, surpasses Gautam Adani

by AIP Online Bureau | Jun 3, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Tesla CEO Elon Musk remains the world’s richest person with a net fortune of $227 billion As per the Bloomberg Billionaires Index, Mukesh Ambani’s net worth has increased by $9.69 billion in 2022. As per the Forbes real-time billionaires list, Mukesh...
Prudential makes insurance more accessible by broadening the concept of family

Prudential makes insurance more accessible by broadening the concept of family

by AIP Online Bureau | May 10, 2022 | International News, Life, Reinsurance

Lilian Ng, Chief Executive, Insurance, Prudential Prudential’s customers in some Asian markets can now nominate a wider range of family members who are financially dependent on them as a beneficiary in a life insurance policy. Additionally, coverage can also be...
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