Life – InsuranceAsia News https://insuranceasianews.com/industry_segments/life/ Wed, 31 Dec 2025 02:47:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Munich Re names Eric Zhao Beijing branch CEO, succeeding Adrian Goh https://insuranceasianews.com/munich-res-eric-zhao-to-succeed-adrian-goh-as-beijing-branch-ceo/ Mon, 29 Dec 2025 10:25:22 +0000 https://insuranceasianews.com/?p=207694 Goh will become the reinsurer's regional chief risk officer from February 1.

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Munich Re has appointed Eric Zhao as chief executive officer of its Beijing branch, succeeding Adrian Goh, who will become chief risk officer for APAC, the Middle East, and Africa from February 1.
Zha...

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]]> Wang Fuk Court fire insurance payouts exceed US$33m: HKIA https://insuranceasianews.com/wang-fuk-court-fire-insurance-payouts-top-us33m-hkia/ Sun, 21 Dec 2025 23:29:59 +0000 https://insuranceasianews.com/?p=207488 General insurers have processed 1,038 clams with total payout of around US$26m in the three weeks since the fire, the regulator said.

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In the three weeks since the fire at Wang Fuk Court in Tai Po, total insurance payouts by insurers have exceeded HK$257 million (US$33 million), according to the Hong Kong Insurance Authority (HKIA).
...

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]]> Hong Kong to ‘anchor’ Sun Life’s APAC growth push after fantastic 2025: Manjit Singh https://insuranceasianews.com/hong-kong-to-anchor-sun-lifes-apac-growth-push-after-fantastic-2025-manjit-singh/ Tue, 16 Dec 2025 23:30:13 +0000 https://insuranceasianews.com/?p=206405 Insurer's regional division has been boosted by its bancassurance partnership in Hong Kong and investments in emerging markets, notably India and Indonesia, its Asia president tells InsuranceAsia News.

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Sun Life Financial will double down on organic growth in its key markets in APAC next year, with the region expected to make an important contribution to the earnings of the Canadian insurance and ass...

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]]> AI is a ‘once in a generation’ change for insurance https://insuranceasianews.com/ai-is-a-once-in-a-generation-change-for-insurance/ Wed, 03 Dec 2025 23:52:50 +0000 https://insuranceasianews.com/?p=206007 AI is at the forefront of the agenda at the Insurtech Insights Asia conference in Hong Kong this week.

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Asian insurers that can successfully embed AI technologies into their workflows will quickly gain commercial advantage over their rivals, with the advent of the technology presenting the industry with...

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]]> Hannover Re names Yan Sun as new L&H head for greater China https://insuranceasianews.com/hannover-re-names-yan-sun-as-new-lh-head-for-greater-china/ Tue, 18 Nov 2025 09:36:23 +0000 https://insuranceasianews.com/?p=204836 She replaces Niall Mulvey, who has joined Partner Re as chief underwriting officer for life and health.

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Hannover Re has named Yan Sun as its new head of life and health for greater China, according to a LinkedIn post by the reinsurer.
Sun (pictured) will relocate to Hong Kong following over three years ...

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]]> Sony’s financial services arm closes up 16% after rare direct listing https://insuranceasianews.com/sonys-financial-services-arm-closes-up-16-after-rare-direct-listing/ Mon, 29 Sep 2025 10:12:09 +0000 https://insuranceasianews.com/?p=200948 Financial services arm of the Japanese conglomerate includes life insurer Sony Life and property and casualty carrier Sony Assurance, as well as Sony Bank.

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Shares in Sony Financial Holdings, the financial services arm of Japanese conglomerate Sony, rose by as much as 40% in trading on Monday following the company’s direct listing on the Tokyo Stock Excha...

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]]> Mapfre Re targets billion-euro Asian GWP milestone: Javier Sánchez Cea https://insuranceasianews.com/mapfre-re-targets-one-billion-euros-of-asian-gwp/ Sun, 28 Sep 2025 23:30:06 +0000 https://insuranceasianews.com/?p=200767 Spanish reinsurer places Asia Pacific at the heart of its growth strategy, with life reinsurance in China and India as key drivers, alongside casualty, says chief regional officer.

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Mapfre Re has placed Asia Pacific at the heart of its growth strategy, with an ambition to increase its gross written premium in the region to EUR1 billion (US$1.2 billion) “as soon as possible,” acco...

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]]> Peak Re reports 25.1% GWP growth to US$1bn H1 FY25 https://insuranceasianews.com/peak-re-reports-25-1-gwp-growth-to-us1bn-h1-fy24/ Thu, 28 Aug 2025 05:00:06 +0000 https://insuranceasianews.com/?p=198505 Reinsurer's revenue also grew by 36.8% to US$661 million compared to the first half of 2024, according to a stock exchange filing by parent company Fosun International.

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Hong Kong-based reinsurer Peak Re reported US$1.06 billion in GWP in the six months of 2025, reflecting a year-on-year increase of 25.1%, according to a stock exchange filing by parent company Fosun I...

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]]> Scor Singapore to transfer entire business to Scor Re APAC https://insuranceasianews.com/scor-singapore-to-transfer-entire-business-to-scor-re-apac/ Tue, 26 Aug 2025 10:00:33 +0000 https://insuranceasianews.com/?p=198386 Proposed transfer, expected to take effect on January 1, is intended to create a more agile and efficient organisation.

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Reinsurer Scor intends to transfer the entire business of its Singapore branch, including all its life and health reinsurance contracts, to Scor Reinsurance Asia Pacific as part of its strategic plan,...

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]]> Resolution Life enters flow reinsurance deal with Japan’s Taiju Life https://insuranceasianews.com/resolution-life-enters-flow-reinsurance-deal-with-japans-taiju-life/ Wed, 30 Jul 2025 08:51:35 +0000 https://insuranceasianews.com/?p=196384 Bermudian reinsurer has been growing its footprint in Asia Pacific's asset intensive reinsurance market

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Resolution Life has signed a new flow reinsurance agreement with Japan’s Taiju Life, the Nippon Life-backed Bermudian reinsurer said in a statement on Wednesday, as it continues to expand its footprin...

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