Insurance
Regional disaster insurance pools sign $5.4m collaboration agreement
Regional disaster insurance pools sign $5.4m collaboration agreement
The grant will be used to build a joint learning network.
Philippines expands allowable investments for regulated insurers
It introduces investment types like debt securities by supranational organisations.
Markel announces acquisition of marine insurance specialist MECO Group
Markel plans to leverage MECO’s presence in APAC.
Insurers and pensions fill infrastructure lending gap: AllianzGI
The volume of debt being taken up by institutional investors has steadily grown.
Singaporeans hesitant on insurance as investment, CIMB study shows
Yet, less than half are financially prepared for their retirement.
Hong Kong boomers concerned over cross-border health insurance claims
Over a third of boomers plan to retire outside of Hong Kong and Macau.
Half of Indians risk financial strain by selecting insufficient health coverage
51% incorrectly believe that critical illness treatments cost less than Rs5 lakh.
Miller reels ex-Munich Re as new head of Origination, Strategic Advisory
She spent 26 years at the company in various senior roles.
What will drive Japan’s insurance sector to surpass $470b by 2029?
Premium increases in life and general insurance will boost the industry this year.
Insurers weigh AI personalisation against data risk
Firms face pressure to balance customisation with privacy safeguards.
Insurance BPO forecast shows $5.4b rise over nine years
APAC is also forecasted to be the fastest-growing region.
LIAM names AIA’s Ben Ng as new industry association president
He succeeds Raymond Lew, who served as President, Vice President for over 5 years.
Southwest monsoon leaves 90% economic losses uninsured in 2024
Key sectors affected were agriculture, energy, and manufacturing.
Premiums of Cambodia’s insurers bag $30m in February
This was smaller than January’s $43m.
Great Eastern outlines 2025 priorities with focus on value creation
It plans to expand its product offerings in wealth accumulation.
China raises equity cap for insurers to boost real economy
The government also lifted the equity asset allocation ratio for certain insurers.
Aon launches growth tool to help insurers benchmark performance
It enables insurers to self-assess across seven key performance categories.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work