Insurance
Bright 2024 ahead for Australian insurance industry – Jefferies report
Bright 2024 ahead for Australian insurance industry – Jefferies report
Investment income is anticipated to remain at elevated levels or potentially improve.
More Malaysian customers satisfied with the general insurance industry – Survey
Faster digitalisation and operational efficiency amidst the pandemic influenced this sentiment.
Christopher Albrecht takes seat as Sun Life S’pore’s CEO
Albrecht will lead the strategic and operational aspects of Sun Life Singapore's business.
IAG to stay ahead, driven by P&C lines in Australia and New Zealand – S&P Global Ratings
Affordability constraints may moderate premium growth, particularly in personal lines, amid a slowing economy.
Singapore’s top 50 insurers see 3.7% YoY asset decline in 2022
Experts’ industry outlook for 2023-2024 centres on digital evolution with AI, protection gaps, strategic partnerships, and resilience amidst...
S.K.’s household loans from insurers climb to $77m in November
On the other hand, loans made from nonbanks fell to $2.2b.
Chubb selects new consumer lines lead for int’l general business
Federico Spagnoli will be responsible for Chubb's consumer lines across 51 countries and territories.
The Philippines’ pre-need industry swells 8.2% YoY in Q3
Its expansion is attributed to the heightened sales of pre-need plans during the period.
India’s life insurance sector sinks 12.7% 11M’23
Policies and schemes were tallied at 15.9 billion
Provident Insurance management competence to drive operations, products: AM Best
PICL's operating performance is deemed adequate.
ICA urges e-motor users to have coverage
E-motors catching fire has been too frequent due to inadequate care by owners, says the ICA.
Singlife unveils Connect 2.0 accelerator for insurtech boost
Connect 2.0 plans to back up to ten startups, focusing on co-creating and launching innovative embedded insurance solutions.
India’s first-year life insurance premiums dip 25.3%
CareEdge forecasts the industry to have a positive growth trajectory in the long-term.
Insurers ready to tackle Cyclone Jasper – ICA
The community in the cyclone warning region is advised to monitor weather conditions and follow guidance from emergency services.
PH gov’t insurance system registers $1.43b in profits 10M’23
It surged 117% year-on-year.
Korean Re to see growth potential in S.K.’s coinsurance business: AM Best
AM Best foresees a notable reduction in KRE's underwriting risk in 2023 due to the planned portfolio restructuring, which aims to offload unprofitable...
Australians urged to secure right insurance when renting out homes for summer – ICA
Holiday rental insurance is specifically tailored for properties rented out briefly.
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1. Chubb names ex-AIG exec to lead commercial P&C in APAC 2. How 56% of insurers plan to boost data analytics use 3. Prudential raises over $530m from ICICI Prudential AMC sale 4. Universal life insurance market to reach $132.3b by 2033 5. Insurance, finance sector should expect strong hiring demand in Q1 2026Resource Center
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AI isn’t replacing insurance, it’s finally making it work