Insurance

Prudential adopts NFC tech for faster client onboarding

The e-KYC will be integrated into PRUSubmit.

Financial crime threats to rise in 2025, Kroll report warns

One of the primary drivers is the rapid advancement of AI.

APAC gadget insurance market to grow 17.4% yearly until 2031

Worldwide, the segmet is seen to bag $194b in six years.

Lockton announces new head of marine, energy

She joins Lockton with 13 years of experience from Howden Malaysia.

Pet insurance market set for 13% annual growth through 2033

APAC is recognised as an emerging market due to rising disposable incomes.

FuSure Reinsurance obtains Composite License from Hong Kong

The company is also exploring health, auto, pet, cybersecurity, and liability insurance.

Insurance-linked securities hits record size with robust investor returns

End-2024, capacity in the 144A natural catastrophe bond market surpassed $45b.

Fubon Insurance seen to record profit rebound with stronger underwriting

Last year the insurer bagged $91m, a rebound from the net loss in 2023.

Allianz Life expands health options, boosting hospital coverage 50%

Customers can also choose between 5% or 15% co-insurance.

India non-life insurers face impact from 1/n rule transition: CareEdge

Despite decline, experts predict premiums for to exceed Rs3 lakh.

Commercial insurance market to reach $1.87t by 2032

APAC is the fastest-growing market, fueled by rapid industrialisation.

Bajaj Allianz launches exclusive insurance for women

The plan covers critical illnesses, maternal and reproductive health, and wellness. 

APRA says two new rules to boost insurer accountability

APRA also called for greater transparency in claims processes.