Insurance

Record-breaking Nat Cat causes $108b insured losses in 2023, says Swiss Re

Over the past 30 years, insured losses from Nat Cat have outpaced global economic growth

Record-breaking Nat Cat causes $108b insured losses in 2023, says Swiss Re

Over the past 30 years, insured losses from Nat Cat have outpaced global economic growth

HDI Global SE’s insurance revenue soars 10% YoY in FY'23

Its Singapore business expanded its product offering through political and credit risk market entry.

Hong Kong’s women in insurance rising in a male-dominated business sector

Hong Kong’s female insurance executives show how they take on leadership roles.

Strong women in insurance speak on gender bias

Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated...

Allianz General and ProppyApp ink MoU to expand insurance access

Users will gain access to a range of insurance products via their mobile application.

Moody's projects stability for Guoyuan Agricultural Insurance

Despite exposure to high catastrophe risks, the insurer’s stable outlook is backed by its robust market presence and risk-based capitalisation.

Chinese insurers under strain as investment returns face double whammy

Fitch notes that insurers have not significantly increased their exposure to riskier assets since regulatory measures in 2022.

Allianz Trade names new regional head of e-commerce in APAC

James Lie first joined Allianz Trade as country manager for Indonesia in 2018.

MSIG Asia’s CEO shares approach to risk management evolution

CEO Clemens Philippi explains why MSIG Asia is sticking with a Japanese-based strategy of thinking long-term and prioritising sustainability.

4 out of 5 HK employees weigh health support in job decisions

Flexible work arrangements topped the list of preferred initiatives to foster health and wellbeing.

Tokio Marine launches novel earthquake cat bond with SDB

This is the first time proceeds will be used to boost SDG goals through an SDB.

DB Insurance to keep competitive spot in Korea’s market – S&P Global

DBI's assessment could be dragged if its consolidated capital position deteriorates significantly.

Non-contributory plans propel market growth in group life insurance

Recent trends show a significant rise in employer-paid insurance policies driving market expansion.

6 of 10 Thais are confident in sharing data for personalised coverage

Key factors like value for money, affordable premiums, and brand trust remain significant influences on insurance purchasing decisions.

Pet insurance market to surge 31% in CAGR by 2027

The dog segment is anticipated to witness significant growth.

Lifenet, Eisai develops dementia insurance coverage

The plan includes coverage from the mild cognitive impairment stage of dementia.

Tokio Marine beefs up APAC property underwriter team

Jonathan Grossman and Si Min Lim have been chosen in their new roles.