Insurance Asia

ReadyAssist will provide 24/7 roadside assistance to over 19,000 pin codes.

Premiums can be allocated between a fixed interest account and an indexed account.

About 32.1% of industry respondents cited accurate risk assessment as the biggest challenge in offering cyber cover.

The insurer ranked third amongst new business single premiums.

Longer lifespans are forcing HNWIs to rethink wealth succession and protection strategies, the bank said.

WFP secured funding for the policy through the Global Shield Financing Facility.

Zurich General Insurance and Zurich General Takaful Malaysia were separately fined in January.

Underlying earnings per share stood at C$1.9 in the quarter.

Fitch said most insurers built capital buffers through earnings and hybrid debt.

April’s premium increase was the steepest average rise in a decade.

Nearly one-third of firms have fully digitised their value chains.

Howden Re compared potential cyber losses to moderate catastrophe years such as 2008.

AIA reported 26% new business growth in China during the quarter.

He brings more than 17 years of insurance industry experience.