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Wealth and retirement products lift Singapore insurers’ premiums
Wealth and retirement products lift Singapore insurers’ premiums
The Top 50 Insurance 2024 rankings show recovery from the 2023 downturn.
5 days ago
Zurich Indonesia speeds up claims after Bali floods
Faster settlement boosts confidence in insurance as a practical financial tool.
Taboos, low confidence stall legacy planning across Asia
Two-thirds of Asians fear their wealth will not outlast their children’s generation.
Ciputra Life eyes more clients beyond group network
Rising health benefit demand is driving deeper ties with firms and banks.
Insurers must expand cyber protection as Singapore shipowners upgrade security
Insurers must update underwriting as cyber navigation disruptions rise.
MSIG Malaysia ramps up data Investments to boost growth
Its CEO thinks industry growth lies in affordable insurance.
Great Eastern bets on AI, specialised products in strategy revamp
It plans to expand its products for high-net-worth people and SME owners.
IFG Life pushes early insurance ownership to lift uptake
Many Indonesians do not see insurance as a priority.
Sompo tests methane insurance as regulations tighten
Satellite monitoring and inspections help firms detect leaks and avoid fines.
Higher premiums loom under Hong Kong’s stricter cyber law
Insurers will play a more active role in clients’ pre-breach cybersecurity strategies.
Insurers may need to hire remotely to bridge talent gap
There is strong demand for actuaries, while underwriting faces a shortage.
Indexed life plans rise as Singapore heirs shun family firms
They offer stability and in-depth estate planning solutions.
Oona Insurance eyes M&A to boost earnings
Stricter capital rules are pushing weaker players out of the Philippine market.
Banks, insurers rethink app strategy to solve real user problems
OCBC, Astra Life, BTN, and ACA prioritise utility and relevance over super app ambitions.
bolttech, Sumitomo Corporation to tackle Asia’s used smartphone market
Reusing old phones, seen at 430 million units by 2027, benefits the environment.
Auto insurers under strain from high-tech repairs
Fixing EVs is expensive, leading many to declare these as a loss.
Global firms eye Hong Kong captives to manage risk
Self-insurance could lower premiums over time and improve liquidity.
Commentary
How can insurers close protection gaps through customer-focused innovation?