The Financial Regulatory Authority (FRA) has ordered non-banking financial institutions (NBFIs) to acquire cyber insurance policies among several moves to adopt measures to enhance their cybersecurity system and protect sensitive IT systems and data.
AIA Singapore has appointed Mr Afees Ashroff as chief technology officer. He succeeds Mr Peter Lee.
CPIC Investment Management (HK) Company Limited (CPICIMHK), the Hong Kong incorporated investment management subsidiary of China Pacific Insurance Group (CPIC), and Swiss-headquartered AMINA Group that provides provide crypto services, have formed a strategic partnership.
The Tunisian Federation of Insurance Companies (FTUSA) has launched an information system to help users determine the sale prices of new or used cars, according to the federation's executive director, Mr Hatem Amira.
Schroders Capital, the private markets business of Schroders Group, has launched an innovative tokenisation pilot designed to enhance the way insurance-linked securities (ILS) investments are invested and managed. The proof of concept was a collaboration with global reinsurance company, Hannover Re.
The Office of the Insurance Commission (OIC) has tied up with the Digital Government Development Agency (DGA) to place its OIC Gateway service on the online platform, 'Government App'.
The main goal of the Digital Insurance APAC 2024 conference, according to Zurich Insurance APAC head of operational excellence and sustainability Luz Grande Vega, was to "explore the cutting-edge technologies, best practices and thought-provoking ideas that will hopefully shape Asia-Pacific insurance in the next years".
TAL has appointed Ms Fiona Macgregor as group CEO and managing director, effective 1 October 2024. In her new role, she will be responsible for leading TAL through its ongoing strategy in the life insurance and retirement markets with a focus on digitally enabled market-leading customer and partner experience.
Beijing-based Internet insurance intermediary platform company Yuanbao is preparing for a listing in the US, and attending to regulatory directives to furnish information for the IPO.
Nasdaq-listed Fanhua, a leading independent technology-driven financial services provider in China, has signed a strategic cooperation agreement with Baidu AI Cloud to jointly develop "Du Xiaobao", an AI-Powered insurance sales assistant application for the agency channel.