Insurance Authority
OJK releases roadmap for Indonesia’s insurance sector, focuses on four key pillars
The roadmap pushes for insurers to prioritise integrity, safeguard consumers and public interests, and bolster national economic growth.
OJK releases roadmap for Indonesia’s insurance sector, focuses on four key pillars
The roadmap pushes for insurers to prioritise integrity, safeguard consumers and public interests, and bolster national economic growth.
Hong Kong IA seizes control of Target Insurance
The regulator has appointed managers to take control of the firm.
Hong Kong financial regulators to define premium financing standards
They plan to brief the industry and relevant stakeholders about the standards.
HKIA inks MoU with China and Macau
The agreement aims to step up their collaboration on innovation in financial services.
Hong Kong’s total gross premiums dips by 2.2% to $39.48b
However, new sales of life insurance policies went up by 22.9%
Thought Leadership Centre
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1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. bolttech secures $50m venture debt from HSBC, expands market 4. Life insurance premiums forecast to grow by 3% yearly until 2026 5. Prudential launches AI lab in SingaporeResource Center
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Humans need to be in insurance’s genAI loop
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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.
