APAC
HDI Global launches first complete ESG liability coverage worldwide
It was initially offered in Italy, Spain, and Portugal.
2 days ago
Global R&W claims notifications fall 21%
APAC, however, reported the lowest R&W notifications in three years.
2 days ago
3 in 10 diabetics struggle to afford appropriate care, coverage
Mental health is also affected, as 65% of diabetics report negative impacts.
3 days ago
APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
3 days ago
Pet insurance market to grow $30.1b by 2028
Estimates show more than 500 million companion animals in the world.
3 days ago
Q3 insurtech investments reach $1.38b, highest since 2023
63.4% of Q3 2024 deals are directed at AI-centered insurtechs.
4 days ago
Insurance firms lag in climate committees
Yet, 70% of firms view climate risk as central.
5 days ago
Car Insurance Aggregators market to hit $5b in 2024
It is also forecasted to see a CAGR of 12.2% through 2028.
5 days ago
Asia’s commercial insurance rates dip 4% in Q3 2024
Global commercial insurance rates fell by 1% in Q3 2024.
5 days ago
HDI Global appoints new CFO from Munich Re subsidiary
He has 25 years of experience within the Munich Re Group.
5 days ago
Over half of insurers penalised for errors
58% of respondents said it takes over five months to implement a rule change.
5 days ago
Zurich’s P&C segment in Asia grows 4% YoY in 9M 2024
The Life insurance segment saw its new business premiums increase by 6%.
Aon to support Asia’s low-carbon investments with AIGCC
Aon aims to develop market-based climate solutions.
APAC sees rising demand for cyber, EV insurance
Motor insurance remains the largest non-life segment, representing 41% of premiums.
PCRIC, WTW enhance pacific disaster coverage
PCRIC will provide coverage against tropical cyclones, heavy rain, earthquakes, and tsunamis.
Manulife Asia Q3 2024 net income surges nearly ten-fold
The group bagged a Q3 2024 net income of $1.8b.
Thought Leadership Centre
Most Read
1. Canara HSBC Life launches India manufacturing fund for ULIPs 2. SG justifies blocking $2b capital withdrawal in Income-Allianz deal 3. Malaysia’s life insurance market to hit $17.2b by 2028 4. Allianz-Income merger in limbo as parties weigh new rules 5. HDI Global appoints new CFO from Munich Re subsidiaryResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
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.
