Insurance
Singapore's life insurance workforce shrinks by 2.3% in 2024
Singapore's life insurance workforce shrinks by 2.3% in 2024
Higher demand was noted in integrated shield plans and riders coverage.
How much did APAC’s cyber insurance market bag in 2024?
Guy Carpenter cautioned about evolving threats such as ransomware.
Suncorp's net profit jumps 89% in H1 2025
EPS was A$86.56.
Tokio Marine Kiln unveils new division head
He previously worked at Talbot.
Insurers need to develop new strategies amidst ‘slowbalisation’: Geneva Association
Growth opportunities have been found in political risk and renewable energy insurance.
Japanese life insurers’ premium income doubles to $159b in November
Total assets also doubled to $2.6t.
India's life insurance APE dips 0.9% in January 2025
It was influenced by policy changes in sum assured and commissions.
Sun Life's Q4 net income drops 75% amidst impairment charge
It was partially offset by favourable interest rate impacts.
Tune Protect and Collinson partner for lounge access
It’s available to customers who purchase select AirAsia travel insurance plans.
Philippines’ insurance penetration improves to 1.7%
The average insurance spending per capita, likewise, climbed to $66.2.
Guaranteed auto protection insurance market slated for 7% CAGR through 2032
Automobile industry and awareness in China are driving GAP insurance adoption.
India's non-life insurance sector up 7% YoY in January
General insurers, the largest share, also surged during the month.
How did Singapore’s life insurers fare in 2024?
The industry's growth was influenced by higher demand for annual premium products.
Prudential to potentially list India-based ICICI Pru AMC
The net proceeds will be returned to shareholders if followed through.
QBE underwrites CyberFender for Singapore SMBs protection
It protects against security breaches, interruptions, and cyber extortion.
Insurers to leverage AI amidst workforce retirement
SAS also forecasts the rise of omni policies.
AM Best cautions on reserve strengthening in 2025
Casualty renewals raised concerns over profitability.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness