Insurance
Few Singapore SMEs have cyber insurance
Few Singapore SMEs have cyber insurance
They seek to ward off cyber threats but not through insurance.
BFSI sector leads cyber insurance adoption at 35% to 40% share
This was followed by the technology and IT sector at 30%.
Howden sees January premiums rise 4.5% on higher volumes
Premium growth was driven by increased demand for reinsurance.
Fitch expects Helia Insurance capital buffer sufficient against downturn
The insurer is one of Australia’s largest lenders' mortgage insurance provider.
Malaysia’s healthcare system faces funding, cost challenges
The report also highlighted the key factors contributing to the escalating healthcare costs.
Indonesians tend to delay travel insurance purchase
Four in 10 purchase coverage within zero to four days of departure.
CTF Life earns SBTi approval for its carbon reduction targets
It targets to reduce absolute Scope 1 and 2 GHG emissions by 37.8% by 2029.
Vietnam’s life insurance sector slated for dip this 2025
This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024
This week in insurance: Singapore's insurance sector sees market growth
The general insurance sector’s gross written premiums climb 6.3% YoY to $8.1b.
Pru Life UK’s NBAPE bags $167m
Total premium income rose to $819.4m.
Insurance maintains consumer trust amidst global digital decline: Thales
22% of consumers said personal data had been compromised in the past year.
Kita boosts underwriting capacity with $24m for carbon risks
It expanded its product offerings to include four insurance policies in the past four years.
LIA Singapore appoints Wong as president with new 2025 goals
She succeeds Dennis Tan.
Allianz Life Malaysia unveils life and health insurance plan for SMEs
It includes group hospitalisation and surgical coverage.
Maybank Ageas core insurance entities expected to remain stable
Fitch notes MAHB’s exposure to Malaysian sovereign investments, but manageable.
Energas Insurance faces performance pressure amidst rising claims frequency
Its underwriting performance improved in the first nine months of 2024.
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
Earnings before interest and taxes (EBIT) climbed to $758m.
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Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
