News
Low penetration rates challenge Indonesian insurance
Innovations and regulatory support to help drive growth in the insurance sector
2 hours ago
Low penetration rates challenge Indonesian insurance
Innovations and regulatory support to help drive growth in the insurance sector
2 hours ago
Synthetic data to power 40% of insurance AI by 2027
Addressing privacy and bias concerns through innovative data use.
2 hours ago
Credit insurance drives BRI's premium increase: Fitch Ratings
The insurer holds a 3% market share in Indonesia’s non-life industry, as of 2023.
7 hours ago
Towngas, FSE Nova commit to expanded insurance cooperation
It plans to invest more resources to offer insurance broker services to Towngas’ customers in HK and the mainland.
7 hours ago
Actuaries Institute calls for superannuation test Revamp
The proposed two-metric test would introduce a new measure based on risk-adjusted performance.
7 hours ago
Noto earthquake saw $480m claims paid – GIAJ
Total claim payments received were 81,544.
8 hours ago
WTW’s net income falls 6% YoY in Q1'24
Diluted EPS for the quarter was at $1.83.
8 hours ago
UAE mandates employer-paid health insurance to foreigners
This requirement has already been enacted in Abu Dhabi and Dubai.
8 hours ago
ARPC simplifies reinsurance for terrorism risks
Insurers must cover eligible policies in a declared terrorism incident, though scheme participation is voluntary.
8 hours ago
MSIG Singapore to maintain footing from parent support: S&P Global
S&P Global Ratings said the insurer will remain highly strategic.
9 hours ago
Over 1.12 billion in China receive health e-certificates
The e-certificates enables individuals to present a QR code instead of physical insurance cards.
1 day ago
Malaysia’s general Takaful payouts up 24.4% in responsiveness
MTA anticipates steady industry momentum in 2024.
1 day ago
Philippines’ state insurer scores 21% YoY profit in Q1’24
Total assets jumped 10% YoY to $30b.
1 day ago
AI insurance tech receives $2b investment in 2023
Insurers need to stay ahead amidst tech disruptions, says GlobalData head.
1 day ago
HKIA alerts on fraudulent payment invoices
The HKIA not issue invoices for anything named "Insurance Authority Certificate" or "Capital Insurance Certificate."Â
1 day ago
CareEdge forecasts 11% to 13% growth for India’s life insurers
Digital infrastructure is expected to enhance distribution channels.
1 day ago
Igloo partners with finance providers to tackle underinsurance in Vietnam
To date, Igloo has partnered with more than 75 companies in 8 different territories across SEA.
1 day ago
Commentary
Critical illness coverage penetration challenges: Understanding Singaporean Struggles and Solutions
Renewables push faces climate hurdles post-COP28