Insurance
Singlife’s new whole life plan offers additional cover of up to 400%
The plan also includes a Retrenchment Benefit.
Singlife’s new whole life plan offers additional cover of up to 400%
The plan also includes a Retrenchment Benefit.
Actuaries Institute seeks fairer insurance
The paper found that existing customers are charged more than new clients.
HNB Assurance expected to boost profitability
Non-life premiums increased 14% in H1 2024.
P&C insurance profits bolster ZhongAn's performance
AM Best expects ZhongAn’s to continue facing challenges from investment fluctuations.
Q3 insurtech investments reach $1.38b, highest since 2023
63.4% of Q3 2024 deals are directed at AI-centered insurtechs.
Flood infrastructure saves 10x rebuilding costs
Climate change is expected to drive up these losses further.
Insurance firms lag in climate committees
Yet, 70% of firms view climate risk as central.
Howden acquires Storfield to boost Hong Kong operations
Its CEO is Victoria Lau.
Loyalty costs Australians in insurance premiums
1 in 3 who expressed satisfaction with providers rarely or never compare policies.
SG expands MediShield Life healthcare coverage, raises premium subsidies
The government will expand coverage for mental health and outpatient services and provide premium top-ups.
Car Insurance Aggregators market to hit $5b in 2024
It is also forecasted to see a CAGR of 12.2% through 2028.
KB Insurance stability supported by strong CSM in long-term plans
Interest income is a key driver of investment profit.
Zurich Malaysia’s new MediAfya+ extends coverage to age 80
MediAfya+ includes deductible choices of $112.91.
SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024
Q3 2024’s weighted new business premiums grew by 18.2% YoY.
Asia’s commercial insurance rates dip 4% in Q3 2024
Global commercial insurance rates fell by 1% in Q3 2024.
HDI Global appoints new CFO from Munich Re subsidiary
He has 25 years of experience within the Munich Re Group.
Over half of insurers penalised for errors
58% of respondents said it takes over five months to implement a rule change.
Thought Leadership Centre
Most Read
1. Aon to acquire Mitsubishi Chemical Group’s insurance agency 2. Singapore’s life insurance slated for $43b premiums in 2029 3. MAS updates rules on life insurance product launches 4. Rising healthcare costs drive growth in Indian insurance: McKinsey 5. Reinsurers set for strong earnings through 2026Resource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
