Insurance
Ageing workforce fuels talent crisis in Australia’s insurance sector
Ageing workforce fuels talent crisis in Australia’s insurance sector
About 58% of insurance professionals in the country are over 45.
Fitch expects continued capital adequacy for Japanese insurers
Weaker investor pressure has allowed insurers to build excess capital.
Malaysia considers mandatory car insurance for private vehicles
The transport minister said it could affect insurance costs.
CoverGo Claims offers real-time data integration for insurers
CoverGo also said the platform reduces operational costs.
Zurich and GoImpact offer climate risk tools in APAC
The collaboration provides solutions such as climate risk assessments.
Muang Thai Life bags $4b in total new business premiums for 9M 2024
Despite increased acquisition spending, MTL’s topline declined year-on-year during.
D&O market faces risks due to insolvencies, AI, geopolitics
Securities class actions have risen by 43% year-on-year in Australia.
Generali leaves Philippine market, InLife swoops 100% shares
The transaction is anticipated to close in H1 2025.
Malaysian Re benefits from favourable pricing, tighter practices
Its underwriting performance rebounded sharply in FY 2024.
Taiwan insurers' profits jump 70.2% in October
Life insurance enterprises accounted for $9.50b of the total.
India’s GST cut may lower health, life insurance costs
Currently, an 18% GST is applied to premiums for health and life insurance.
MetLife appoints new head for insurance assets
O’Brien will oversee investment strategies for MetLife’s $414.1b general account.
Oona Insurance teams with GoPay for health access
Two insurance plans are offered.
Tokio Marine Kiln expands APAC cyber unit with new underwriter
Her new role is effective 2 January.
Allianz Australia’s RAA acquisition to boost market position: S&P
Allianz Australia’s capital adequacy is not expected to be affected by this.
Howden taps Azman Noorani as new global head for surety
He brings over 26 years of experience in the insurance and reinsurance markets.
Zurich buys AIG travel insurance for $600m
This positions Zurich as one of the world’s largest travel insurers.