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Hong Kong regulator guts insurance referral fees with 50% cap

Hong Kong regulator guts insurance referral fees with 50% cap

Unlicensed third-party referrers previously captured up to 95% of commissions through hidden rebate structures.
3 days ago

Capital rules force Indian insurers to curb aggressive discounting

Aggressive discounting for short-term market share becomes harder to justify.

Zurich Indonesia speeds up claims after Bali floods

Faster settlement boosts confidence in insurance as a practical financial tool.

Zurich, YAS use AI to link taxi insurance to driving behaviour

Drivers with higher scores will unlock broader coverage and more benefits.

Wealth and retirement products lift Singapore insurers’ premiums

The Top 50 Insurance 2024 rankings show recovery from the 2023 downturn.

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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.