Insurance
Ageing population to drive insurance take-up in South Korea
For 2025, $167.1b in direct written premiums are expected to be amassed by insurers.
Ageing population to drive insurance take-up in South Korea
For 2025, $167.1b in direct written premiums are expected to be amassed by insurers.
Insurance firms seek faster reconciliation turnaround times
Speed and cost efficiency drive adoption of reconciliation solutions.
Chinese life insurers boost efforts in pension finance
The sector has been named as one of the five key areas for financial sector growth in China.
AIA gains approval to expand to China’s Shandong province
It is the second most populous province in mainland China.
Zurich Life Malaysia names Pauline Teoh as new CEO
Teoh brings 25 years of experience in the insurance industry.
AIA China clinches approval to establish Anhui branch
Anhui has a population of 60 million people.
Prudential launches insurtech solutions MedScreen+
The solution was launched in partnership with Reinsurance Group of America, Incorporated.
Property insurance industry to exceed $152b by 2028
China is forecast to lead with 36% in terms of written premiums.
Prudential adopts Google’s MedLM to improve claims accuracy
It will use MedLM to analyse documents submitted for health insurance claims.
HSBC Life HK nabs ex-Zurich APAC CEO for chief product and in-force officer
Geoffrey Au spent 10 years with Zurich Insurance Group APAC.
Insurtech Igloo officially launches in Indonesia
Indonesians can now compare insurance products of different insurers.
ASIC files case against QBE Insurance for alleged ‘misleading’ discounts
Loyal customers were promised discounts but reportedly did not receive them.
Prudential Hong Kong fast-tracks billing services in 2 Chinese hospitals
Patients can apply for pre-approval of medical expenses.
Manulife marks 25 years on HKEX with $400b market cap growth
The insurer currently serves over 2.5 million customers across Hong Kong and Macau.
FWD appoints CEOs for Malaysia insurance, takaful businesses
Mak See Sen and Aman Chowla will take over their CEO roles in November.
Ping An's net profits soars 36.1% YoY to RMB119.18b
Its segments collectively contributed RMB119.65b in operating profit.
Chubb names Jon Longmore as new Malaysia head
He is currently country president of PT Chubb General Insurance Indonesia.