Insurance

Beazley's 2023 profit more than doubles to $1.25b 2023

Earnings per share finished at 154.7 US cents.

Beazley's 2023 profit more than doubles to $1.25b 2023

Earnings per share finished at 154.7 US cents.

Interest in GBA retirement high, yet insurance needs underscored

An AIA Hong Kong survey showed nearly 40% of the respondents want to retire in GBA cities.

Generali, UNDP collaborate to boost SME strength against climate and other risks

The partnership is aimed to reduce the protection gap for vulnerable communities by providing access to insurance solutions.

Asia’s insurance and banking titans pledge climate action

Insurance and banking leaders join forces to tackle climate change, emphasising the need for sustainable investments and inclusive transition...

Australian regulator calls for better claims handling

ASIC expects the industry to improve its response to recent events and prioritise the resolution of outstanding claims related to 2022 floods.

Smartpay and Chubb team up to offer embedded insurance in Japan

The insurance market is expected to reach JPY80t by 2027.

Howden Tiger strengthens APAC team with appointment of Karl Marshall

Marshall carries more than 30 years of actuarial experience.

Allianz Trade unveils service for B2B e-commerce payments

The payment solution includes trade credit insurance protection.

Etiqa S’pore unveils CI plan, supports mental health conditions

Coverage is provided for psychiatrist consultations, which are up to eight claims.

MSIG Singapore upgrades investment analytics with Clearwater tech

This will enable digital reporting, ensuring compliance with international standards such as IFRS 9.

Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia

Success in both markets relies heavily on how they’ll navigate uncertainties.

Only a fifth of Hong Kong’s SMEs are insured against income loss

Almost eight of 10 SMEs prefer tailored insurance packages which cover various business risks.

Japan life insurers double premiums to $12b  in 2023

Operating expenses also doubled for the year.

Hong Kong slams prohibition orders on former agents

Three agents committed separate crimes such as falsified accreditation and unauthorised benefit transfers.

ICA engages treasury on proposed financial advice reforms

A consultation roundtable was conducted last 19 February.