Insurance
Singtel and bolttech launch extended warranty for gadgets
Added benefits include complimentary pickup and delivery services for smaller items.
Singtel and bolttech launch extended warranty for gadgets
Added benefits include complimentary pickup and delivery services for smaller items.
Hanwha Life Insurance’s capital adequacy is expected to surge under K-IFRS 17
S&P Global Ratings anticipate sustained capital bolstering over two years due to HLI's strategic risk management.
Japan’s insurance market to expand 3.12% CAGR by 2027
The automotive segment is seen as a significant trend during the forecast period.
Zurich foreshadows SME sector as a growth potential for embedded insurance
Zurich’s Roopa Malhotra champions embedded insurance, emphasising its contextual nature as a catalyst for customer awareness and adoption.
Directors identify health and safety as emerging top risks: Survey
Climate change remains high on the risk agenda in certain regions, such as Asia.
Prudential's new business profit jumps 45% YoY
Prudential’s CEO is optimistic about reaching its 2027 financial and strategic objectives.
Singlife’s GROW and AllianzGI launch Allianz Global Income fund
Allianz Global Income fund's initial public offering (IPO) began on 15 March.
Chubb and Atome forge regional partnership for consumer protection
Both entities are also planning to release a second insurance product in Q2’24.
Rick Allen assumes key role as chief underwriting officer at Sompo
Rick Allen will is succeeding Cliff Easton, who is retiring.
Lloyd’s, UNCDF champion parametric insurance for climate-vulnerable regions
The partnership plans to replicate the model in other regions, including Asia.
Prudential reels Anette Bronder for newly established role
Bronder will oversee technology and operations, focusing on shaping the organization's target operating models.
Vietnam's new law to stifle insurance sales growth – AM Best
The law is expected to allow policyholders to choose products they need at competitive prices.
Australians strike out health insurance amid soaring costs
Over the past twenty years, health insurance prices have more than tripled.
Korean Re faces downgrade risk amid shifting market dynamics
S&P hints at better assessments if Korean Re sustains strong performance and market leadership.
Generali achieves a 5.6% growth in gross written premium for FY2023
The company’s operating result also grew 7.9%.
Insurtech Carrot to develop behaviour-based solution with Indonesian insurer
The collaboration will facilitate LGI's introduction of BBI products in Indonesia.
41% of Australian travellers opt out of purchasing travel insurance
27% of Australians think travel insurance is unnecessary.
Commentary
Market Saturation and Competition: Obstacles in Singapore's Insurance Sector