Insurance Asia
Climate change alters insurer risk management: S&P
Secondary perils have caused the reinsurance industry to regain capital in 5 of 6 years.
28 minutes ago
Hanwha Life acquires 75% stake in US firm Velocity Clearing
It aims to establish a foothold in the US financial sector.
58 minutes ago
Allianz Asia Pacific's business volume jumps 161%
The annualised premium (ANP) for Life/Health grew 14%.
1 hour ago
New PH rule allows insurers and reinsurers to invest in infrastructure projects
Investments may be made through equity or debt.
1 hour ago
APAC insurance M&A activity slows in Q3
Two major transactions faced regulatory scrutiny during the quarter.
1 hour ago
Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America
The transaction is expected to close in early 2025.
2 hours ago
Global insurtech market to hit $77.41b by 2028
Key drivers include the need for improved business efficiency.
2 hours ago
Global life risk protection grows at 2.7% annually
Demand for protection products shows less sensitivity to interest rate changes.
2 hours ago
PH manpower agencies must deposit $398 insurance for Bahrain-bound migrant workers
It will cover repatriation costs in case of employment termination.
2 hours ago
114 million Indonesians insured in H1 2024, up 28.4%
Bancassurance generated the highest premium income at $2.33b.
2 hours ago
MS First Capital Insurance’s underwriting drives consistent profitability
Shareholders’ equity, which reached $900m (S$1.2b) in 2023.
3 hours ago
Construction Guarantee’s focus on public projects mitigates economic risks
CG's regulatory capital ratio improved to 225% in 2023.
3 hours ago
Aon's new tool aids firms in cyber risk management
It aims to tackle ransomware, data breaches, business interruptions, and insider risks.
4 hours ago
Liability insurers adjust to spike in US nuclear verdicts
In 2023 alone, nuclear verdicts increased by over 27%.
4 hours ago
Australia’s new reinsurance capital requirements to boost general insurers
Whilst lower reinstatement requirements could reduce reinsurance costs, mandating all-perils coverage may increase them.
1 day ago
Climate change alters insurer risk management: S&P
28 minutes ago
Hanwha Life acquires 75% stake in US firm Velocity Clearing
58 minutes ago
Global insurtech market to hit $77.41b by 2028
2 hours ago
Highlights
Highlights
Exclusives
Exclusives
Insurance
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Insurance
Indonesian insurers told to walk the talk on tech: AXA CEO
![Indonesian insurers told to walk the talk on tech: AXA CEO]()
![Indonesian insurers told to walk the talk on tech: AXA CEO]()
The industry must tap digital distribution channels to unlock growth, according to AXA.
Insurance
K-pop craze may spur demand for Income Insurance’s hourly travel cover
![K-pop craze may spur demand for Income Insurance’s hourly travel cover]()
![K-pop craze may spur demand for Income Insurance’s hourly travel cover]()
The Singaporean insurer is targeting spontaneous travellers who love concerts.
Income-Allianz failed merger shows popular opinion is king
![Income-Allianz failed merger shows popular opinion is king]()
![Income-Allianz failed merger shows popular opinion is king]()
The deal faced backlash from Singaporeans who thought it betrayed Income’s social mission.
Insurance
HSBC Life to keep using tech to stay on top in Hong Kong
![HSBC Life to keep using tech to stay on top in Hong Kong]()
![HSBC Life to keep using tech to stay on top in Hong Kong]()
The life insurer wants to offer solutions beyond traditional products, its CEO says.
Insurance
Etiqa set for growth after being named HDB fire insurer in Singapore
![Etiqa set for growth after being named HDB fire insurer in Singapore]()
![Etiqa set for growth after being named HDB fire insurer in Singapore]()
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Insurance
Filipino gamers hold promise for FWD
![Filipino gamers hold promise for FWD]()
![Filipino gamers hold promise for FWD]()
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.
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Top News
Climate change alters insurer risk management: S&P
Secondary perils have caused the reinsurance industry to regain capital in 5 of 6 years.
28 minutes ago
Hanwha Life acquires 75% stake in US firm Velocity Clearing
It aims to establish a foothold in the US financial sector.
58 minutes ago
Allianz Asia Pacific's business volume jumps 161%
The annualised premium (ANP) for Life/Health grew 14%.
1 hour ago
New PH rule allows insurers and reinsurers to invest in infrastructure projects
Investments may be made through equity or debt.
1 hour ago
APAC insurance M&A activity slows in Q3
Two major transactions faced regulatory scrutiny during the quarter.
1 hour ago
Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America
The transaction is expected to close in early 2025.
2 hours ago
Global insurtech market to hit $77.41b by 2028
Key drivers include the need for improved business efficiency.
2 hours ago
Global life risk protection grows at 2.7% annually
Demand for protection products shows less sensitivity to interest rate changes.
2 hours ago
PH manpower agencies must deposit $398 insurance for Bahrain-bound migrant workers
It will cover repatriation costs in case of employment termination.
2 hours ago
114 million Indonesians insured in H1 2024, up 28.4%
Bancassurance generated the highest premium income at $2.33b.
2 hours ago
MS First Capital Insurance’s underwriting drives consistent profitability
Shareholders’ equity, which reached $900m (S$1.2b) in 2023.
3 hours ago
Construction Guarantee’s focus on public projects mitigates economic risks
CG's regulatory capital ratio improved to 225% in 2023.
3 hours ago
Aon's new tool aids firms in cyber risk management
It aims to tackle ransomware, data breaches, business interruptions, and insider risks.
4 hours ago
Liability insurers adjust to spike in US nuclear verdicts
In 2023 alone, nuclear verdicts increased by over 27%.
4 hours ago
Australia’s new reinsurance capital requirements to boost general insurers
Whilst lower reinstatement requirements could reduce reinsurance costs, mandating all-perils coverage may increase them.
1 day ago
Climate change alters insurer risk management: S&P
28 minutes ago
Hanwha Life acquires 75% stake in US firm Velocity Clearing
58 minutes ago
Global insurtech market to hit $77.41b by 2028
2 hours ago
Highlights
Highlights
Exclusives
Insurance
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Insurance
Indonesian insurers told to walk the talk on tech: AXA CEO
![Indonesian insurers told to walk the talk on tech: AXA CEO]()
![Indonesian insurers told to walk the talk on tech: AXA CEO]()
The industry must tap digital distribution channels to unlock growth, according to AXA.
Insurance
K-pop craze may spur demand for Income Insurance’s hourly travel cover
![K-pop craze may spur demand for Income Insurance’s hourly travel cover]()
![K-pop craze may spur demand for Income Insurance’s hourly travel cover]()
The Singaporean insurer is targeting spontaneous travellers who love concerts.
Income-Allianz failed merger shows popular opinion is king
![Income-Allianz failed merger shows popular opinion is king]()
![Income-Allianz failed merger shows popular opinion is king]()
The deal faced backlash from Singaporeans who thought it betrayed Income’s social mission.
Insurance
HSBC Life to keep using tech to stay on top in Hong Kong
![HSBC Life to keep using tech to stay on top in Hong Kong]()
![HSBC Life to keep using tech to stay on top in Hong Kong]()
The life insurer wants to offer solutions beyond traditional products, its CEO says.
Insurance
Etiqa set for growth after being named HDB fire insurer in Singapore
![Etiqa set for growth after being named HDB fire insurer in Singapore]()
![Etiqa set for growth after being named HDB fire insurer in Singapore]()
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Insurance
Filipino gamers hold promise for FWD
![Filipino gamers hold promise for FWD]()
![Filipino gamers hold promise for FWD]()
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.
Event News
Event News
Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
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1. Allianz-Income merger in limbo as parties weigh new rules 2. India's life insurance growth slows to 10.6% in October 3. South Korean insurers brace for profit squeeze amidst rate cuts 4. bolttech secures $50m venture debt from HSBC, expands market 5. Life insurance premiums forecast to grow by 3% yearly until 2026Event News
Event News
Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
