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

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." 
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