Southeast Asia
FM appoints new client service manager for SEA
FM appoints new client service manager for SEA
Kuan joined FM in 2013 as a consultant engineer.
Reinsurers in Singapore, South Asia report solid 2024 earnings: AM Best
However, competition is beginning to intensify as pricing momentum slows.
Igloo expands climate insurance across Southeast Asia
It also plans to expand in Indonesia.
SEADRIF forms seven new partnerships in 2024 to boost disaster cover
The facility disbursed a $3m rapid payout to Lao PDR within six days following floods.
Swiss Re taps Sawalani to head client and broker strategy in SEA
Sawalani is a Singapore national with over 15 years of insurance experience.
bolttech, Sumitomo Corporation to tackle Asia’s used smartphone market
Reusing old phones, seen at 430 million units by 2027, benefits the environment.
Is transformation worth it? A grounded look at technology in Southeast Asia’s insurance brokerage landscape
Across Southeast Asia, brokers are looking for solutions that fit their reality, not Silicon Valley’s assumptions.
bolttech forms JV with Sumitomo on device protection in Asia
They expect the device protection market in the region to outpace global growth.
Regional disaster insurance pools sign $5.4m collaboration agreement
The grant will be used to build a joint learning network.
Southwest monsoon leaves 90% economic losses uninsured in 2024
Key sectors affected were agriculture, energy, and manufacturing.
SEADRIF, FAO partner to assess Agricultural Risk Finance Facility
Both seek to address this by improving access to data, models, and insurance.
Insurtech funding in APAC plunges to $193m in 2024
Seed-stage funding also declined 16% to $7.7m.
Allianz Partners unveils new managing director for greater SEA
He will succeed Steve Watkins, who retires after over two decades.
Lazada partnership offers embedded insurance from big insurers
This integrates insurance solutions directly into Lazada via Peak3's platform.
PH, Indonesia renew agreements to strengthen cross-border cooperation
Key initiatives include expert and staff exchanges and bilateral meetings.
Only 14% of rich people prioritise life insurance despite awareness
41% of SEA saw potential family disputes from lack of a plan as top concern.
Prudential adopts Google’s MedLM to improve claims accuracy
It will use MedLM to analyse documents submitted for health insurance claims.
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1. India insurance market sees moderating premium growth: Report 2. Singapore’s non-life insurers see growth as offshore business expands 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Remote job demand in Singapore insurance rises 15.3%Resource Center
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AI isn’t replacing insurance, it’s finally making it work