Insurance
China's pension scheme grows to 1.07 billion participants
Total income and expenditure of these schemes amounted to $304b in Q1’24.
2 days ago
China's pension scheme grows to 1.07 billion participants
Total income and expenditure of these schemes amounted to $304b in Q1’24.
2 days ago
Pressures mount for less desirable energy insurance placements
Industry experts eye offshore investments as most attractive, yet more expensive.
2 days ago
Allianz Trade backs Prometheus for disability support
The insurer will provide financial support and aid with strategic and visibility matters.
3 days ago
Manulife Singapore upgrades income-generating product
About 9 in 10 S’poreans said they want to earn without working.
3 days ago
Moody's says FTLife to maintain profitability
The ratings agency expects strong capital reserves, surpassing regulatory minimums.
3 days ago
Indonesia's vehicle sales drop risks finco asset quality
Fitch expects finco sector receivables to grow at a high-single-digit rate in 2024.
3 days ago
Insurers adapt to EV demands with specialised risk products
EV insurance is estimated to surge $687.62b by 2029.
3 days ago
Declining yields pose risks to China's insurance sector
In late 2023, regulators eased some C-ROSS rules, prompting insurers to raise capital via perpetual bond issuance.
3 days ago
Overseas ventures of South Korean insurers post mixed results in FY’23
Insurers have operated 41 overseas businesses in 11 countries as of yearend.
4 days ago
New Zealand supports comprehensive reform of insurance legislation
The ICNZ also pledges to collaborate with the government and regulators.
4 days ago
Prosper Health joins AXA to strengthen healthcare in China
AXA customers gain access to medical facilities across 296 cities in China.
4 days ago
Sun Life unveils new ESG-focused critical illness plan
The plan covers 188 illnesses and 38 complex surgeries.
4 days ago
HKIA welcomes World Bank’s second Cat bond, worth $150m
It will offer coverage against storm risks in Jamaica.
4 days ago
FWD Names Salvilla chief health officer of new unit
Dr. Salvilla joined FWD back in March 2021.
4 days ago
Firewalls are never enough
Greater connectivity heightens businesses' vulnerability to attacks for financial gain, data theft, or industrial sabotage.
5 days ago
Triple P Capital acquires 85% stake in MAAGAP
The investing group aims to boost its presence in the Philippines.
5 days ago
Philippines' microinsurance premiums jump to $240m in 2023
The year saw 56.62 million Filipinos covered under microinsurance policies.
5 days ago
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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]()
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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.
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Firewalls are never enough