Insurance
Sompo Holdings' net profit soars by 99% to $1.7b in H1 2024
Ordinary income rose by 11.4% to $19.23b.
3 days ago
Sompo Holdings' net profit soars by 99% to $1.7b in H1 2024
Ordinary income rose by 11.4% to $19.23b.
3 days ago
MAS updates rules on life insurance product launches
The changes aim to ensure adequate regulatory oversight.
3 days ago
Fitch expects Generali to back Hong Kong life unit’s expansion
Given its previous capital injections of HK$735m from 2018 to 2022.
3 days ago
China's insurance sector posts strong solvency in Q3 2024
China's insurance sector has maintained steady operation and adequate solvency in the third quarter, according to the National Financial Regulatory...
3 days ago
Worldcare rebrands as Allianz Travel Insurance in New Zealand
It now allows travellers to customise insurance packages.
3 days ago
China urges insurance firms to increase underwriting support for SMEs
The notice said banking institutions should continuously optimise financial services.
3 days ago
PT Tugu Reasuransi records $7m net profit in H1 2024
The company holds an 11% market share in Indonesia's reinsurance sector.
3 days ago
Zopper bags $25m in Series D funding
The company has partnered with 40 insurers and over 2,500 ecosystem players.
3 days ago
Allianz General Malaysia Q3 revenue rises, motor segment expands
Total assets grew 7.8% YTD to $6.15b.
3 days ago
Rising healthcare costs drive growth in Indian insurance: McKinsey
From FY 2020 to FY 2023, the industry saw a CAGR of 11%.
3 days ago
Australian council backs tech-neutral consumer laws for AI
The council also urged the government to avoid regulatory duplication between the ACL and existing financial legislation.
3 days ago
Global reinsurance poised for growth amidst high interest rates
Higher attachment points in property reinsurance have limited loss frequency.
3 days ago
Singapore’s life insurance slated for $43b premiums in 2029
Due to the ageing population, health awareness, and consumer spending.
3 days ago
Reinsurers set for strong earnings through 2026
There is a growing appetite for tail-risk protection amidst severe NatCat events.
3 days ago
APAC emerges as leader in renewables insurance
RE is projected to account for 45% of global electricity generation by 2030.
6 days ago
Nippon Life's capital adequacy amongst strongest of Japanese insurers
The insurer’s core profit margin increased to 13% in 2023 from 11% a year earlier.
6 days ago
Only 14% of rich people prioritise life insurance despite awareness
41% of SEA saw potential family disputes from lack of a plan as top concern.
6 days ago
Thought Leadership Centre
Most Read
1. Aon to acquire Mitsubishi Chemical Group’s insurance agency 2. Singapore’s life insurance slated for $43b premiums in 2029 3. MAS updates rules on life insurance product launches 4. APAC emerges as leader in renewables insurance 5. Rising healthcare costs drive growth in Indian insurance: McKinseyResource Center
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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.
