News
This week in insurance: Singapore's insurance sector sees market growth
This week in insurance: Singapore's insurance sector sees market growth
The general insurance sector’s gross written premiums climb 6.3% YoY to $8.1b.
1 day ago
Helia Insurance maintains stable outlook amidst economic uncertainty, says Fitch.
The insurer is one of Australia’s largest lenders' mortgage insurance provider.
1 day ago
Pru Life UK’s NBAPE bags $167m
Total premium income rose to $819.4m.
1 day ago
Insurance maintains consumer trust amidst global digital decline: Thales
22% of consumers said personal data had been compromised in the past year.
1 day ago
Kita boosts underwriting capacity with $24m for carbon risks
It expanded its product offerings to include four insurance policies in the past four years.
1 day ago
LIA Singapore appoints Wong as president with new 2025 goals
She succeeds Dennis Tan.
1 day ago
Singapore launches online tool for health insurance planning
The tool is accessible on the CPF website through Singpass.
2 days ago
Allianz Life Malaysia unveils life and health insurance plan for SMEs
It includes group hospitalisation and surgical coverage.
2 days ago
Maybank Ageas core insurance entities expected to remain stable
Fitch notes MAHB’s exposure to Malaysian sovereign investments, but manageable.
2 days ago
Energas Insurance faces performance pressure amidst rising claims frequency
Its underwriting performance improved in the first nine months of 2024.
2 days ago
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
Earnings before interest and taxes (EBIT) climbed to $758m.
2 days ago
Cigna Healthcare appoints new APAC CEO
He previously served as Chief Financial Officer for the Asia Pacific region.
2 days ago
Specialist Risk Group launches Asia operations with Singapore office
The company plans to apply its UK and Ireland business model to the region.
3 days ago
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.
3 days ago
India’s PhonePe unveils new vehicle insurance for as low as $0.012
Customers can save up to ₹4,000 on a two-wheeler insurance, PhonePe claims.
3 days ago
Allianz Trade appoints new Korea country manager
He joined Allianz Trade in 2015.
3 days ago
Asian construction insurers impose tighter catastrophe limits
And underwriting decisions rely heavily on detailed risk assessments, mitigation strategies.
3 days ago
Commentary
Rethinking insurance for the masses
Navigating risk strategies for decommissioning traditional power plants