Insurance
Guild Insurance continues a positive investment income trend: AM Best
Guild Insurance continues a positive investment income trend: AM Best
AM Best expects GIL to maintain adequate operating performance.
Zurich Indonesia revamps strategy with digital focus
Digitalisation enhances customer service and market agility for Zurich Indonesia.
Porch Group sues CCB over alleged reinsurance fraud: Report
CCB is accused of working with employees of bankruptcy-hit Vesttoo.
Travel insurance market set to reach $106.8b by 2032
The region showed the fastest-growing CAGR.
QBE reports 2% YoY growth in Q1’24’s GWP
Premiums declined by 2% in constant currency.
Tokio Marine dR adopts Fathom data for disaster prep
Tokio Marine aims to assess flood risk from a climate change perspective.
Generali HK's Human Safety Net aids 50 families
Students and Generali volunteers organised workshops for children.
ZhongAn buys landmark offices in Shanghai
The insurer plans to build a FinTech cluster through the property purchase.
Italian insurance-financial firm opens office in Singapore
The lion city is Italy's largest export goods destination in the region.
52% of India’s health insurance policyholders indicate a premium increase
The industry’s premiums are expected to rise 10% to 15%.
Hong Kong general insurance GWP to reach $10.9b by 2028
Rising consumer prices can affect the industry’s profitability in the short-term.
S’pore insurers not mandated to override decisions on PWD provisions
MAS found no unfair practices but stressed improved insurer communication.
Sun Life's Asia business reports $177m for Q1'24 net income
The region’s sales, however, showed mixed results.
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
Global M&A rebounds, APAC outshines peers
WTW said this trend was mainly seen in the W&I insurance market.
Ant Insurance unveils privacy-preserving auto insurance tech
Providers like PICC, Ping An, and CPIC have already adopted this type of tech.
Zurich Japan, Loyalty Marketing expands into digital offerings
Both entities have been partnering since 2013.
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Event News
An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.
