South Korea: Regulator inspects life insurers for offering high returns on short-term policies

Published on February 13, 2024
The Financial Supervisory Service (FSS) launched on-site inspections of Shinhan Life and Kyobo Life in January 2024, and is conducting written inspections for other insurance companies.
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Japan: Stable domestic in-force business supported Dai-Ichi Life's profits

February 13, 2024
Dai-ichi Life Holdings (DLH) had a strong and resilient operating performance, achieving consolidated premium income of JPY6.6tn ($44.3bn) and a fundamental profit of JPY364bn during the fiscal year

Burns & Wilcox names Hiscox’s Wood head of Professional Liability practice

February 13, 2024
Wholesale insurance brokerage and underwriter, Burns & Wilcox, has announced the appointment of Andy Wood as Vice President and Practice Group Leader, Professional Liability.In his new role, Wood will be responsible for working across Burns & Wilcox to build a cohesive strategy and develop new products and programs while aggressively recruiting top Professional Liability producers nationwide, the