Insurance
Allianz Life sets sights on doubling business with Kingmaker training
It also offers 24-month financial support of $2,809.
What opportunities does APAC's millionaires offer insurers?
China is home to 6 million millionaires, second only to the US.
Singlife, SAL launch mental health scheme for lawyers
The programme will be offered to more than 13,000 legal professionals.
Malaysia warns of downside risks for insurers from market volatility
Overall profitability of ITO funds increased in the first half of 2024.
Flood impact on Thai insurers ‘manageable’— S&P
The floods have caused Thai banks $13m in losses, the ratings agency said.
Cyber resilience lagging despite budget increases
The average cost of a data breach across respondents stands at $3.3m.
Gen Zs, Millennials drive 85% of total insurance sales
Gen Z and Millennial advisors conduct most of their business online.
China to build science and tech insurance framework
NFRA plans to introduce incentives such as rewards, subsidies, and tax benefits.
Meiji Yasuda Life’s core profit up 27% from strong sales
The weaker yen against the US dollar also boosted profits.
How are new energy vehicle sales shaping China's insurance market?
NEV sales saw a 33.3% increase in Q1 2024.
Institute calls for improved coverage for mental health
Patients suffering from depression increased by 35% from 2017 to 2021.
Mumbai broker expands in Dubai
The division will serve as a regional hub for MENA markets.
Generali, UNDP tackle $1.8t protection gap
Parametric policies provide pre-agreed payouts based on verified triggers.
IAG slashes jobs after reporting high profits
IAG said the job cuts are part of a restructuring plan that began in March.
Japanese insurer targets ¥45b in green premiums
Tokio Marine Group is also working with its corporate clients and investors.
Families receive aid after school bus tragedy in Thailand
OIC confirmed the bus had compulsory motor insurance from Viriyah Insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work