News
1 in 5 HK execs rate financial crime compliance programmes effective
1 in 5 HK execs rate financial crime compliance programmes effective
Key challenges include a lack of technology and investment.
1 day ago
Sun Hung Kai Properties Insurance keeps strong underwriting profitability
It also outperformed industry peers, AM Best notes.
1 day ago
Fitch expects Marein to sustain prudent investment practices
It held a 14% market share of Indonesia’s total reinsurance premiums end-2024.
1 day ago
Cathay and Zurich collaborate for insurance and rewards programme
This will allow Cathay members to access insurance whilst earning air miles.
2 days ago
Aon names new Asia CEO of reinsurance solutions
Soeren Soltysiak will oversee the strategy in Asia, which includes treaty, facultative, analytics, and operations.
2 days ago
HKIA sets 6% illustration rate cap on HKD policies
Caps apply only to internal rate of return used in benefit illustrations at the point of sale.
2 days ago
Myanmar quake shows urgent insurance need in Asia: Howden
Myanmar is considered to have a low insurance penetration rate.
2 days ago
Few Singapore SMEs have cyber insurance
They seek to ward off cyber threats but not through insurance.
3 days ago
BFSI sector leads cyber insurance adoption at 35% to 40% share
This was followed by the technology and IT sector at 30%.
3 days ago
Howden sees January premiums rise 4.5% on higher volumes
Premium growth was driven by increased demand for reinsurance.
3 days ago
Fitch expects Helia Insurance capital buffer sufficient against downturn
The insurer is one of Australia’s largest lenders' mortgage insurance provider.
3 days ago
Malaysia’s healthcare system faces funding, cost challenges
The report also highlighted the key factors contributing to the escalating healthcare costs.
3 days ago
Indonesians tend to delay travel insurance purchase
Four in 10 purchase coverage within zero to four days of departure.
3 days ago
CTF Life earns SBTi approval for its carbon reduction targets
It targets to reduce absolute Scope 1 and 2 GHG emissions by 37.8% by 2029.
3 days ago
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.
5 days ago
Pru Life UK’s NBAPE bags $167m
Total premium income rose to $819.4m.
6 days ago
Insurance maintains consumer trust amidst global digital decline: Thales
22% of consumers said personal data had been compromised in the past year.
6 days ago
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1. Vietnam’s life insurance sector slated for dip this 2025 2. LIA Singapore appoints Wong as president with new 2025 goals 3. BFSI sector leads cyber insurance adoption at 35% to 40% share 4. Malaysia’s healthcare system faces funding, cost challenges 5. Insurance maintains consumer trust amidst global digital decline: ThalesResource Center
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