Insurance
A fourth of the insurance industry lacks AI-experienced talent
A fourth of the insurance industry lacks AI-experienced talent
Other concerns include a lack of customer understanding.
PRU Life UK debuts flexible, hybrid-friendly BGC head office in Manila
The new workspace aims to boost productivity and prioritise well-being.
Manulife Asia unit net income leaps to $2b in FY 2024
EPS ended at $2.84.
Vietnam state insurer app logs 38% insured users in digital shift
Nearly 2.5 million customer interactions were recorded last year.
Bima Trinity initiative to boost insurance industry: CareEdge
The industry’s growth can be attributed to retail health and motor.
360 ONE Asset buys 15% of Bharti AXA
Which is expected to boost its market presence in India.
Sun Life Malaysia Takaful announces new CEO
He succeeds Jeffry Azmi, who has retired.
Sun Life reels new CHRO for Asia
She joins from RSA, where she served as Chief People Officer.
Insurer’s investment returns lift amidst strong equity market
Investment performance rebounded in 2023 after a weak 2022.
Canara HSBC introduces flexible payout term insurance
It offers policyholders to increase coverage at key life milestones.
Philippines life insurance rises whilst non-life declines in Q4 2024
Both sector’s total assets grew YoY.
China's insurance market sees rate decreases in Q4 2024
Mainly to retain business and secure program participation.
MS&AD net income doubles to $4.13b in 9M 2024
Thanks to higher ordinary profit, which surged 113.4% YoY.
Why a third of Singaporean SMEs don’t use cyber insurance
Amongst those without coverage, half considered purchasing a policy.
Sompo Holdings segregates business into two global divisions
Additionally, key leadership appointments have been made.
MS Amlin posts 7% net income rise to £103m in 9M 2024
Net premium earned nearly tripled during the period.
Fear, literacy gaps, and costs slow insurers' digital shift
Insurers cite job fears, digital illiteracy, and high costs as barriers.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness