Insurance
6 in 10 Australians willing to spend more on protection against disasters
RAA CEO warned extreme events are driving up insurance costs.
APRA withdraws cloud outsourcing paper
It will be replaced with a new standard which introduces formal supervisory oversight.
HDFC Life launches new life plan
Additional features include the option to extend life coverage to a spouse.
Bupa adds voluntary health plan in Hong Kong portfolio
It offers high annual benefit limits with no lifetime cap.
Manulife, Maybank unveil new retirement investment plan
The plan utilised a glide path approach, which adapts to a client's evolving needs.
Why India’s deposit insurance should increase
Currently, premiums are charged at a flat rate.
QBE Insurance slated for earnings improvement – S&P Global Ratings
The insurer outperformed catastrophe loss projections.
YF Life Insurance International faces challenges in new business margin
Fitch anticipates it will continue focusing on capital efficiency and product diversification.
How much can insurance job hoppers in Hong Kong negotiate this year?
Insurers are also targeting professionals in the banking industry.
Rising medical costs put pressure on Thai health insurers: Allianz CEO
Public spending on health may be unsustainable in the long run.
Premium spikes threaten home insurance affordability in Australia
Mainly due to rising claims and increasing costs for insurers.
Hannover Re unveils new Malaysia branch CEO
He joined the company in January 2024.
29% of micro-SMEs can't handle $10k setback despite coverage
59% of micro-SMEs have not updated their insurance since starting their business.
Regulator mandates quarterly reports for Indonesian Insurers
The requirement to submit semesterly reports has been removed.
Asteron Life to strengthen Resolution Life: Fitch Ratings
Asteron Life will form the second-largest life insurer in the country by premium.
Japan faces harsher commercial insurance terms
Four major insurers have adopted stricter underwriting practices.
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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