Insurance
Ex-AXA exec joins FWD Group as new group chief risk officer
Ex-AXA exec joins FWD Group as new group chief risk officer
He has over 30 years of experience in various risk, finance and actuarial roles.
India non-life insurance premiums to grow nearly 15%
Health insurance to reach $12.22b in FY2024.
bolttech partners with Thailand’s AIS for embedded protection services
The insurtech helps the mobile operator provide protection for its customers.
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Singapore insurers to profit over shift to digital initiatives: GlobalData
The market share of the top five insurers grew by 3.2 percentage points in 2021.
MSIG partners with AXA to offer travel insurance to Scoot customers
Travel is expected to pick up as one in five said they plan to take a trip.
Aditya Birla Capital mulls sale of insurance brokerage arm
The insurance firm is seeking to restructure its financial services business.
Marsh Malaysia appoints Chou Sean Chong as CEO
Chou will be based in Kuala Lumpur.
WTW appoints APAC head of crisis management
The new head will be based in Singapore.
Blue Cross launches mega sale of travel cover
Customers can get up to 79% off when they buy travel insurance.
GIA’s system detects fraud overlooked by insurers
The Fraud Management System uses data analytics and AI that analyse suspicious claims.
Hong Kong unveils development roadmap for insurance sector
The government aims to strengthen the city’s role as a sophisticated insurance hub.
FWD Group launches VC fund for investment in Malaysian insurtechs
The VC fund is in collaboration with Artem Ventures.
Hong Kong regulator warns against fake Sun Life websites
The IA stressed that any insurance business operating in the city must be authorized by it.
Insurtech Igloo extends Series B funding round at $46m
It initially raised $19m.
The triple threat for marine insurance
These threats are causing the industry $9.53b worth of losses.
Tokio Marine increases stake in Indonesian JV to 80%
It acquired 20% of shares from its JV partner.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness