Insurance

China launches seven-month crackdown on industry fraud

Since 2021, the nation’s police have uncovered almost 2,000 insurance fraud cases.
21 hours ago

China launches seven-month crackdown on industry fraud

Since 2021, the nation’s police have uncovered almost 2,000 insurance fraud cases.
21 hours ago

India’s terrorism risk pool pays high for 18 claims last year

Limit of Indemnity is capped at INR20b per risk/location.
21 hours ago

AIA Singapore unveils wealth centre at Six Battery Road

Clients can access a panel of experts in legal, tax, and trusts.
1 day ago

Vietnam’s insurance giants armour up for tech challenges

Insurers adopting digital tech eye double-digit growth.
1 day ago

UAE Insurers see 19% revenue growth amidst IFRS 17 shift

AM Best expects consolidation from weak underwriting performance and higher costs. 
1 day ago

Manulife, Standard Chartered expand 2016 ties

Manulife will gain access to the bank’s clientele.
1 day ago

Roojai plans to become full-stack digital insurer with acquisition

In July 2023, Roojai acquired FWD General Insurance.
1 day ago

Health and safety overtake cyber risks in corporate concerns – Clyde & Co.

86% of directors and officers consider health and safety more important.
1 day ago

New Pru Life CEO commits to financial literacy in the Philippines

The CEO met with Insurance Commissioner Atty. Regalado.
1 day ago

FTLife changes name to Chow Tai Fook Life

The insurer plans to rebrand in the third quarter of the year.
1 day ago

AIA’s new business value jumps 31% YoY in Q1’24

Its China, Hong Kong, Thailand and Singapore business saw double-digit growth.
1 day ago

1 in 3 executives dread political risk in 2024

More than 60 countries are holding elections this year.
1 day ago

Insurance rates decline in Q1’24

Rates in catastrophe-exposed regions were stable despite declines.
2 days ago

Great Eastern witnesses 26% YoY profit surge in Q1’24

Its new business-embedded value leapt 21% YoY. 
2 days ago

PT Axle Asia revamps as bolttech

bolttech completed the acquisition of the majority stake in Axle Asia in late 2022.
2 days ago

Arthur J. Gallagher & Co.’s Q1’24 earnings surge 26% YoY

It closed a total of 12 acquisitions during the period.
2 days ago

Aon's revenue climbs 5% YoY in Q1’24

Earnings per share stood at $5.35 during the quarter.
2 days ago