Insurance
HDI Global names new Hong Kong branch CEO, Director
The new CEO’s role is effective 1 November.
HL Assurance targets early detection with new critical illness plan
The policy offers up to $231,250 coverage.
How have strong investment returns boosted P&I clubs?
It should reduce the likelihood of Unbudgeted Supplementary Calls.
Zurich offers first-in-Malaysia guaranteed dual maturity benefits
After 20 years, customers will receive 530% of the annual premium paid.
Howden steps foot into Japan’s retail insurance broking market
It acquired Foresight Holdings.
Will Taiwan’s non-life sector sustain profit surge beyond 2024?
The sector’s direct written premiums in 7M’24 climbed 11.4% YoY.
ICA appoints Suncorp CEO as new chair
He succeeds Nick Hawkins, who has held the role for two years.
What will drive Hong Kong’s insurance market to reach $127b in 2032?
Chronic diseases and ageing population are driving the demand for life insurance.
Asia grapples with pension system strain as population ages
Emerging markets face a pension savings shortfall of $74t.
Vietnam's health law revision to ensure compatibility with medical laws
The law may also introduce a deadline for the annual audit settlement.
Asia Pacific to lead blockchain in insurance by 2031
Globally, the market could reach $32.9b.
Indonesian insurers’ old-school thinking holds back sector
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
How eased C-ROSS Phase II pressures helped China's smaller insurers
Despite a decline to 207% in 2022, core solvency ratio remained stable in 2023.
ABCI maintains solid capital with reinsurance support in 2023
The regulatory solvency ratio stood at 339%, above the 100% minimum.
How is APAC leading with AI to fight insurance fraud?
74% of respondents reported that fraud cases are either stable or increasing.
Vietnam inspects insurers for motor vehicle regulation compliance
Voters reported challenges in claiming compensation.
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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
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AI isn’t replacing insurance, it’s finally making it work