Insurance
Prudential adopts Google’s MedLM to improve claims accuracy
Prudential adopts Google’s MedLM to improve claims accuracy
It will use MedLM to analyse documents submitted for health insurance claims.
HSBC Life HK nabs ex-Zurich APAC CEO for chief product and in-force officer
Geoffrey Au spent 10 years with Zurich Insurance Group APAC.
Insurtech Igloo officially launches in Indonesia
Indonesians can now compare insurance products of different insurers.
ASIC files case against QBE Insurance for alleged ‘misleading’ discounts
Loyal customers were promised discounts but reportedly did not receive them.
Prudential Hong Kong fast-tracks billing services in 2 Chinese hospitals
Patients can apply for pre-approval of medical expenses.
Manulife marks 25 years on HKEX with $400b market cap growth
The insurer currently serves over 2.5 million customers across Hong Kong and Macau.
FWD appoints CEOs for Malaysia insurance, takaful businesses
Mak See Sen and Aman Chowla will take over their CEO roles in November.
Ping An's net profits soars 36.1% YoY to RMB119.18b
Its segments collectively contributed RMB119.65b in operating profit.
Chubb names Jon Longmore as new Malaysia head
He is currently country president of PT Chubb General Insurance Indonesia.
Tune Protect and bolttech team up to launch travel insurance in HK
This follows Tune Protect's broader regional expansion strategy.
Malaysia floats co-payment medical and health insurance feature
It also increased tax relief for medical expenses to over $2,300.
The Malaysian government has raised the individual income tax relief for medical...
AXA XL makes three hires in Perth
The group named Chris McElroy, Amanda Rattue, and Trent Jeuring as senior underwriters.
AXA XL has announced three key appointments in Perth to...
Lifenet establishes policy and committee for sustainability
It also determined a corporate value enhancement based on the LIFENET Manifesto.
HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says.
Insurance sector lacks key skills in Gen AI and finance
The workforce requires upskilling.
Unit-linked insurance market to reach $2.3t by 2032
The market is forecasted to reach a CAGR of 10.9%.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.