Insurance
Only 20% of insurers assess tech risks fully
Only 20% of insurers assess tech risks fully
50% of CROs are already using early-warning KPIs to monitor risks.
FM appoints new COO
Hodge joined FM in 1990.
AI and data at the core of Prudential’s tech strategy
Cloud, AI, and data are driving Prudential’s tech-led evolution.
P&C insurers face strategic pressure as growth in premiums slows: McKinsey
The average combined ratio improved to about 91% in 2023 driven by rate increases.
Zurich Malaysia offers motorcycle insurance on Shopee
It includes add-ons like passenger liability, natural disaster protection, and strike coverage.
Insurance sector sees surge in patent filings for data analytics to 1,978
There are over 13,750 patents filed to date.
Fujitsu, SAP Fioneer launch cloud platform for insurers
It aims to help insurers modernise operations.
APAC insurers face tighter capital buffers
Some markets are not required to hold explicit capital against the illiquidity risk of private debt investments.
Taiwan's general insurance to grow 6.8% annually to 2028
The industry is forecast to grow by 9% in 2024.
Asia leads in embedded insurance, set to reach $170b by 2030
70% of global losses between 2016 and 2023 from natural disasters are uninsured.
Chow Tai Fook boosts CTF Life's brand in Hong Kong: Fitch Ratings
This move contributed to a market share increase to 2.7% in the first half of 2024.
Japan’s general insurance sector slated for$94b by 2028
The industry is seen to grow 1.7% in 2024.
Taiwan reports growth in foreign-currency insurance end-August
Traditional insurance products accounted for 84% of the total.
Asuransi Wahana Tata’s premium retention drops to 36% in 2024
Its combined ratio increased due to higher property claims and lower net premiums earned.
Specialist Risk Group appoints new leader for risk and compliance
She will report to CEO Warren Downey.
Mitsui, Argyle boost SME insurance in Australia
Argyle will provide a business insurance package with a combined limit of up to $7m.
Taiwan life insurers see mixed Q3 2024 results
The FSC approved 240 spillover-effect insurance products from 15 life insurers.
Thought Leadership Centre
In Association with
Most Read
1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Showcase your achievements and gain recognition for shaping the future of insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work