Insurance
Mental health claims surge amongst Aussie millenials, boomers
Mental health claims surge amongst Aussie millenials, boomers
Men are 60% more likely than women to file such claims.
Charles Taylor expands regional network with New Zealand's Carter Briggs Hurle
It aims to enhance claims management across Australasia.
Japanese life insurers' premium income doubles to $128b in September
Assets of Japanese insurers also doubled to $2.8t.
Climate change drives $600b in insured losses over 20 years
28 leading global insurers saw climate-related losses reach $10.6b.
China adds 91 drugs to national medical insurance list
The price of the newly included drugs will drop by an average of 63%.
ICA proposes 17 steps to improve strata insurance outcomes
Key proposals include stricter education requirements for strata managers.
Singlife appoints Amundi for its low carbon transition strategy
The company will allocate 20% of its public equities for Amundi to manage.
JD Allianz, JD Auto enhance Dida’s insurance offerings
This synergises JD Auto and JD Allianz into Dida’s platform.
AM Best affirms Meritz's outlook as stable
Its balance sheet strength is bolstered by its solid financial flexibility.
Philippines to modernise insurance data privacy practices
IC and NPC will jointly develop guidelines to ensure responsible execution.
Asia shies away from savings to protection products
This is to align with ICS and IFRS 17 standards.
Global insurance brokerage sector to reach $628.3b by 2032
The wholesale segment is anticipated to have the highest growth rate at 12.7%.
Removing 74% FDI cap may benefit insurers more: Chairman
This could remove the need for joint ventures, but int’l insurers may still favour local partnerships.
Global cyber insurance market to hit $97.3b by 2032
This is driven by the rising complexity and frequency of cyberattacks.
Australian insurers see revenue growth in the September quarter
Total assets totalled $174b during the period.
Petrolimex Insurance profits from low-loss property and marine lines
PJICO follows a conservative investment strategy, with most investments held in deposits.
Oona Insurance reveals new head of agency distribution
He has over 20 years of leadership experience.
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