Insurance
Asia Pacific drives 54% of bancassurance market growth
The market is seen to expand by 6.74% this year.
Asia Pacific drives 54% of bancassurance market growth
The market is seen to expand by 6.74% this year.
Cambodia's gross premiums surge 16.9% YoY in July
The life insurance market’s contraction was offset by its general insurance.
Taiwan’s investment-linked insurance products dwindle in June
Sales of traditional products increased 19% YoY.
Taiwan insurers' earnings doubled to $10b in July
Both its life and non-life segments witnessed triple-digit growth.
AIA, Singapore University of Social Sciences launch insurance minor
As part of the agreement, the insurer plans to upskill 100 of its employees.
Insurers burdened by managing investments, seeks third-party aid
Life insurers outsource less frequently than P&C or health insurers.
Allianz Partners India joins Pulse Energy for real-time EV charger access
An EV trip planner will map routes with available chargers.
KakaoPay Insurance hits 1.5m travel insurance enrollments
It has integrated its services through KakaoTalk, which has over 41 million users.
Life/annuity reinsurers see improved conditions amidst higher rates
L/A reinsurers remain well-capitalised until 2025.
Japan’s vehicle insurance costs to climb in new year
The country’s big 4 players may raise premiums up to 5%.
IRDAI aims for accessible insurance by 2047
Innovations in the insurtech sector were discussed to meet insurance goals.
Sunshine Insurance H1 2024 net profit rises 8.3% YoY
EPS stood at $0.04.
SEA insurtech funding hits $1.8b
80% of the sector’s funding was secured in the past five years.
APRA sets four-year plan for financial sector stability
APRA will collaborate to address the protection gap in household insurance.
Tough reinsurance market compounded by IFRS 17
Although this shouldn’t affect a company’s financial strength, says AM Best.
A quarter of businesses with standalone cyber insurance act quicker
About 37% of enterprise respondents secured $100m or more in coverage.
Zurich and GXBank target online scams with new insurance
Coverage price ranges from $0.23 per month to $0.92 per month.
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1. Property insurance industry to exceed $152b by 2028 2. Prudential launches insurtech solutions MedScreen+ 3. Prudential appoints Patrick van Heerde as chief partnership distribution officer 4. Income-Allianz failed merger shows popular opinion is king 5. Trust Bank, Income Insurance rolls out new travel insuranceResource Center
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Empathy can drive life insurance sales
![Empathy can drive life insurance sales]()
Successful agents know how to step into the shoes of their clients during an appointment.
Successful agents know how to step into the shoes of their clients during an appointment.
