In Focus

Use of anti-fraud technology skyrockets as insurers wage war against cybercrime

8 out of 10 insurers use predictive modeling to detect fraud.
2 days ago

Use of anti-fraud technology skyrockets as insurers wage war against cybercrime

8 out of 10 insurers use predictive modeling to detect fraud.
2 days ago

Singapore's top 50 insurance firms revealed a 17.22% increase in assets

Digital dominance and healthtech helped them mitigate losses, Singapore Business Review found.

Great Eastern crafts insurance package for special needs children

Upon the parents’ demise, the payout from the insurance goes to the children’s SNTC trust fund.

Technology tops risk for insurers in APAC

Multiple technology projects could put a strain on insurers.

Australia’s private health insurance rebounds to 44.7%

The country’s private health has been on a steep decline since 2015.

Millennials are Singapore's new ‘sandwich generation’: survey

The youngest millennials are now part of the workforce.

3 out of 5 Malaysian motorists lack flood insurance

Only 34% are covered by flood damages such as falling trees.

9 out of 10 of insurers worried over climate risks 

Insurers said this will have a significant impact on portfolio construction.

Evolving risks means more volatility for APAC reinsurers: report

An analyst warns that these could cause some of the data for pricing risk to become obsolete.

Asia commercial insurance prices climbs by 6% in Q3

Meanwhile, global commercial insurance prices increased by 15%.

China life insurance premiums to reach $665.7b in 2025

Thanks to the growing demand for protection-type life insurance products.

Australian insurers ready for regulatory reform: ICA

Insurers made ‘sweeping changes’ for the upcoming reforms, it said.

Weaker economic recovery to mute Indonesia’s non-life insurance demand

AM Best predicts a negative outlook for the country’s non-life segment.

Japan direct written premiums to blow up to $323.6b by 2025

The country’s life insurance industry is growing at a CAGR of 1.4%.

Digital transformation to improve Korean insurance

Analysts, however, warn that this may increase competitive pressure.

Pandemic boosts APAC’s insurance giants 2020 performance: analyst

The top 20 insurance firms reported an aggregated premium of $821.4b.