Insurance
bolttech boosts international collaboration with telecoms
bolttech boosts international collaboration with telecoms
This collaboration aims to provide device insurance for European mobile operators.
Coal asset stranded risk grows amid insurance coverage challenges: WTW
WTW’s report highlights the struggle between energy security, affordability, and sustainability, leading to continued volatility in the power sector. ...
WTW opens APAC Climate Risk Centre in Singapore
It concentrates on evaluating and quantifying both physical and transition climate risks.
Coalition inaugurates its first active cyber insurance in Australia
It hopes to fortify businesses’ cyber defences.
The lack of available resources forces asset owners to remain on legacy tech: Survey
More than half of asset owners, including insurers, still utilise spreadsheets for monitoring assets.
Global M&A claims surge despite smaller deal volume: Report
In 2022, the largest claims still originate from accounting and financial issues.
APRA corrects audit standards for life insurers
The amendments were minor changes to level of assurance required for two reporting standards.
Taiwan’s FSC approves 197 spillover-effect insurance products from 13 insurers
These products accumulated 846,835 new contracts.
HKIA imposes five-year ban on ex-insurance agent
The former agent mishandled and misappropriated premium payments from two policyholders.
Miller names new lead for Financial Lines, Asia
William Seccombe will focus on forming a team of experts to boost Miller’s offering.
AXA’s 9M’23 revenue inches up 2%
It accumulated EU78.8b in gross written premiums and other revenues.
ASEAN segments drive AIA’s Q3 VONB, jumps 35% YoY
VONB growth was observed in Mainland China, Hong Kong, ASEAN, and India.
Shinhan EZ General Insurance enters the Indonesia market
It partnered with Tap Insure.
About 84% of foreign students in S.K. dissatisfied with national health insurance system
The reason was due to higher contributions required versus private insurers.
OJK releases roadmap for Indonesia’s insurance sector, focuses on four key pillars
The roadmap pushes for insurers to prioritise integrity, safeguard consumers and public interests, and bolster national economic growth.
Manulife Singapore targets rapidly growing high-net-worth market
New data suggests young beats old in appetite for investments.
Manulife Asia unveils new Chief of Comms
Sabrina Cheung will manage the region’s strategic communications and media relations.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness