Insurance
Allianz Life Malaysia unveils life and health insurance plan for SMEs
It includes group hospitalisation and surgical coverage.
Maybank Ageas core insurance entities expected to remain stable
Fitch notes MAHB’s exposure to Malaysian sovereign investments, but manageable.
Energas Insurance faces performance pressure amidst rising claims frequency
Its underwriting performance improved in the first nine months of 2024.
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
Earnings before interest and taxes (EBIT) climbed to $758m.
Cigna Healthcare appoints new APAC CEO
He previously served as Chief Financial Officer for the Asia Pacific region.
Specialist Risk Group launches Asia operations with Singapore office
The company plans to apply its UK and Ireland business model to the region.
Prudential Singapore launches Wealth Suite for high net worth clients
From 2023 to 2024, the insurer saw a 16% rise in its HNW customer base.
Allianz Trade appoints new Korea country manager
He joined Allianz Trade in 2015.
Asian construction insurers impose tighter catastrophe limits
And underwriting decisions rely heavily on detailed risk assessments, mitigation strategies.
Australian firms expect financial crime surge in 2025
Only a fourth of firms admitted their programmes are adequately equipped.
KBFG China seen to keep consistent underwriting performance: AM Best
KBFG China’s operating performance is also expected to remain stable.
Chinese insurers may risk AI pitfalls with DeepSeek rollout
Insurers that fail to comply may face penalties.
Manulife unveils IUL product tied to S&P 500 returns
Over half of HNWIs said they prioritise customisable payout features
CTF Life launches outpatient insurance for GBA travel
The plan utilises the medical network of The GBA Healthcare Group.
Prudential adopts NFC tech for faster client onboarding
The e-KYC will be integrated into PRUSubmit.
Financial crime threats to rise in 2025, Kroll report warns
One of the primary drivers is the rapid advancement of AI.
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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