Insurance
ICA welcomes NSW budget, aims for insurance affordability
NatCat events in the past two years caused $2.64b (AU$4b).
ICA welcomes NSW budget, aims for insurance affordability
NatCat events in the past two years caused $2.64b (AU$4b).
China's insurance assets surge to $32t
The industry represents only 7% of China's total financial assets.
New IRDAI rules enhance grievance redressal
It also aims for a “zero grievances” status.
MS First Capital elects new CEO after the passing of former
Ramaswamy Athappan passed away last month.
ICA proposes updates to insurance code
The code was first introduced in 1994.
Vietnam and the IMF discuss social insurance expansion
Topics included enhancing pension policies amidst changes to the Law on Social Insurance.
Australian insurer warns of anxiety levels caused by extreme weather
Over half of individuals said they turn to family for mental health support.
Prudential Hong Kong opens multipurpose space
It also expanded its academy to this 53,600 sqft office.
Vietnam stresses efficient health insurance management
General Director Nguyen pushes for strengthening the system for statistics, synthesis, and evaluation.
Vehicle damage leads $356m hailstorm claims in Hyogo
Total claims paid reached 119,238.
Australian insurance sector combats inflation with premium hikes
Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.
APAC to lead global EV insurance market in the next five years
The global EV insurance market is seen to skyrocket by 40.3% in CAGR.
Cathay Life's capitalisation robust ahead of 2026 standards
The insurer holds a 21.3% market share of premiums in 2023,
Ansvar sees positive earnings despite PSA claims
The company recorded positive operating earnings in 2022 and 2023.
Japan’s interest rate rise offers lessons for China’s insurers
To manage low interest, Japanese insurers shifted to foreign securities and protection-type policies.
India’s non-life sector bags double-digit growth
It saw its premiums surge 14.9% in May.
Tokio Marine Financial Advisers announces new CEO
He has more than two decades of experience in the industry.
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Empathy can drive life insurance sales
![Empathy can drive life insurance sales]()
Successful agents know how to step into the shoes of their clients during an appointment.
Successful agents know how to step into the shoes of their clients during an appointment.
