In Focus
Natural hazard losses, inflation weigh on APAC reinsurers in 2023
Increase in costs of claims will add pressurers to profits.
Natural hazard losses, inflation weigh on APAC reinsurers in 2023
Increase in costs of claims will add pressurers to profits.
Singapore's new insurance premiums fall 5.2% in 2022
Rising interest rates and inflation dented demand for life insurance products.
What key skills insurers are hunting for in new hires
Jobs in digital transformation, data management, and data analytics will remain competitive.
APAC insured losses reach $11b in 2022: Aon
Australian flooding events were the costliest for insurers with $4b in insured losses.
Singapore Business Review’s Insurance Rankings sees slow growth amongst top 50 insurers
The top 50 insurers saw 5.1% growth in 2021.
Life insurers take the lead in Hong Kong Business Insurance Rankings
Some life insurers saw their assets surge by as much as 44% in 2021.
Why India will become the 6th biggest insurance market by 2032
Total insurance premiums is growing by 14% annually.
Singapore insurers to profit over shift to digital initiatives: GlobalData
The market share of the top five insurers grew by 3.2 percentage points in 2021.
GIA’s system detects fraud overlooked by insurers
The Fraud Management System uses data analytics and AI that analyse suspicious claims.
The triple threat for marine insurance
These threats are causing the industry $9.53b worth of losses.
Electric vehicles to drive motor insurance growth in South Korea
The number of insured EVs tripled from 2018 to 2021.
Higher insurance claims lead to underwriting pressure for APAC reinsurers
S&P said APAC reinsurers showed slower growth and subdued underwriting margins.
Agencies, bancassurance takes largest slice for life insurance distribution in China
They account for 60.1% and 30% of the share in new business DWP in 2021.
KoverNow: The Netflix of insurance?
Its subscription model gives another option for consumers that don’t want long contracts.
How GBA after-sales service centres will affect Hong Kong insurance
GlobalData’s Sravani Ampabathina believes that the centres will boost health and motor insurance sales.
Ongoing flooding won’t make Australian insurers tap reinsurance: S&P
The analyst also said insurer earnings will only erode slightly.
How do Hong Kongers fare in their retirement preparations
Two out of five are hoping to retire before their 60s, Sun Life reveals.
Most Read
1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
09
Event News
Event News
Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
Co-Written / Partner
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
Videos
Partner Sites
Most Read
1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
09
Commentary
Firewalls are never enough