Insurance
China insurers' plan to invest in gold could boost market
China insurers' plan to invest in gold could boost market
The programme permits ten insurance firms to allocate up to 1% of their assets.
China's long-term care insurance covers 180m in 2024
The programme, which started in 2016, now operates in 49 cities.
Australia sets up claim centre for customers affected by severe storms
The hub is located in Townsville and is open until 15 February.
Bancassurance slated for $569b by 2029
Thanks to widespread use of smart devices and internet connectivity.
30% of Hongkongers want new medical insurance in 2025
Four in five of Hong Kong residents already have medical insurance.
Willis reveals new head of risk, analytics for Japan
He joins from Marsh.
36% of Singaporeans opt for extra coverage beyond work insurance
However, 90% of Singaporeans already own medical insurance.
7 in 10 Hong Kong families lack financial planning
Hang Seng unveiled a wealth management plan to combat this.
Marsh appoints new Pacific sales leader
He joined Marsh in 2017.
Hong Leong’s underwriting profitability to continue
Its shift toward fixed-income securities is expected to reduce volatility.
Meiji Yasuda's LGA buy to boost core profits: Fitch Ratings
Core profits could rise $59m yearly.
APAC insurers stable despite LA wildfires, says Fitch
Japanese non-life insurers operating in the US are expected to manage their losses.
Asia sees rate reductions, Japan maintains firm pricing: Aon
Underwriting remains disciplined across Asia, particularly in Japan.
HDFC Life, Policybazaar launch new term insurance
It offers a 100% claim assurance.
Allianz Commercial reels new regional had of financial lines, cyber
She holds more than 20 years of experience.
60% of Singaporeans overlook sustainability in finance
Only a fifth of respondents are aware of investment products linked to sustainability.
Manulife Asia announces leadership overhaul
Phil Witherington will assume the role of President and CEO of Manulife on 9 May.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
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