Insurance
Generali, UNDP tackle $1.8t protection gap
Parametric policies provide pre-agreed payouts based on verified triggers.
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.
Prudential, Bank Syariah partner for bancassurance offering
Starting in early 2025, Prudential will provide products to BSI customers.
Sun Life debuts peso tech funds
The funds come in two variants.
SEADRIF issues $3m payout to Laos
Donor governments include Japan and Singapore.
UniMed’s capitalisation hits strongest level in 2023
Thanks to low underwriting leverage and moderate investment risk.
Cheche and Tokio Marine boost China insurance ties
Tokio Marine & Nichido Fire Insurance was the first Japanese insurer to enter China.
Super Typhoon Yagi triggers IFRC insurance policy
Thanks to disaster relief demands in 2024 surpassing the fund’s $40m threshold.
Prudential targets 9% to 13% growth in H2 2024
However, analysts raised concerns about the impact of non-controlling interests.
WTW appoints new CRB head for Philippines
His role is effective 2 January 2025.
Car insurance premiums rise 16% in Australia
The average car insurance premium across the country is now $1,717.
HSBC Life Singapore bolsters executive team
Both roles will report directly to CEO Harpreet Bindra.
Manulife integrates GenAI in contact centres, rollout starts in Singapore
About 68% of agents used the tool within two weeks of its pilot launch.
Increased losses from disasters push Philippines’ general insurance premiums up
The industry is slated to grow by 14% this year.
Manulife IM appoints Calvin Lim as alternatives investment specialist
Lim was part of the private markets & alternatives team at Bank of Singapore.
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
