Exclusives

Asia’s wealth insurers face rising compliance pressure

Stricter anti-money laundering and disclosure rules are slowing onboarding.

Asia’s wealth insurers face rising compliance pressure

Stricter anti-money laundering and disclosure rules are slowing onboarding.

Manulife’s Leah Ng says better governance boosts women’s leadership

Equity cannot rely only on good intentions; it must be built into systems.

Nina Ong drives AI and talent upgrades at Great Eastern Life

The big boss credits their edge to diversity: over a third of senior roles are women.

Hong Kong insurers post weaker 2024 as premiums slip

This is based on the recent data released by the Insurance Authority for the 2024 fiscal year.

Asia-Pacific insurers face $200b legacy tech burden

Outdated tech and entrenched processes continue to hamper operations.

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.

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.

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.