Insurance

Allianz Trade names new India country manager

The insurer predicts that India will be Asia’s next growth engine.

Manulife enters $1m partnership with Kiva

The partnership will create a revolving fund for microentrepreneurs

One in four young seniors do not have a ‘robust retirement plan’: study

Research on Successful Ageing (ROSA) said only 27% have a “robust retirement plan.”

Employee medical plan costs for APAC businesses to see rise, highest since 2015

Trend rates reflect the percentage increase in medical plan costs per employee, including insured and self-insured plans.

Indonesia’s non-life insurance outlook grim: AM Best

Growth is still expected due to Indonesia's economic expansion.

AXA XL boosts Singapore team

Her role as an underwriter will oversee the management of risks in political violence and terrorism.

Manulife IM re-recruits real estate exec

He will lead its third-party capital management activities in the region.

Manulife sees 60% growth in high net worth segment

Confident in their products and innovation, Manulife’s chief product officer treats competition as good for customers.

Most insurance companies use 18-year-old legacy systems, not enough to drive innovation: ZA Tech

Legacy systems often come with limitations that can hinder the development of new products and insurance channels.

Etiqa Philippines says rising costs may entail adjustments in premium pricing and risk management strategies

Although various influences linger, the country’s penetration rate must be put in focus.

Tariffs can limit insurers' ability to adjust prices, reinsurance rates ‘muted’: Gallagher Re

Inflationary pressures vary across the region, leaving most markets to face escalating reinsurance costs and stricter coverage term.

More out-of-hospital-care by private entities could boost Australians' savings – AMA

Potential savings could lead to reduced premiums, increased uptake of insurance, and ultimately cost savings.

APAC’s liability insurance sector to exceed $61b by 2027: GlobalData

Its growth will be underpinned by robust economic development in key markets and enhanced product offerings.

Fintech funding in SEA freefalls 74% in Q3

Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.

Sun Life Philippines pushes for a purpose-driven agency force in the digital era

The insurer shared the sheer importance of having the right balance between customer and clientele.

Insurance Asia Awards 2023 Highlights

Witness the most memorable moments from the prestigious 2023 Insurance Asia Awards, an event dedicated to celebrating excellence in customer service...