News
Conduct risk puts 54% of insurance CROs on high alert
38% of APAC insurers are implementing AI tools, higher than the global average of 22%.
Conduct risk puts 54% of insurance CROs on high alert
38% of APAC insurers are implementing AI tools, higher than the global average of 22%.
Wotton + Kearney eyes Singapore for regional office
The Singapore practice will be led by Ben Nicholson.
9 in 10 ‘pawrents’ don’t have insurance for their pets – Prudential
Prudential policyholders are mainly concerned about timely emergency treatments and affordability.
Asteron's sale to Resolution Life signals support shift
Despite Asteron's sale, Suncorp's core operating subsidiaries remain unaffected.
Callable notes to enhance Great Eastern Life’s financial resilience
S&P Global sees the proposed notes as having intermediate equity content.
1 in 5 Australians don't have adequate insurance
About 9% indicated a need for health insurance.
Unethical conduct results in harsh HKIA ban
The agent was found pocketing a policyholder’s deposits, causing a policy relapse.
CMB Wing Lung gains support from China Merchants Group
AM Best sees its balance sheet boosted by strong risk-adjusted capitalisation.
China boosts healthcare with 95% insurance stability
744 drugs have been added to the insurance catalogue.
GWP of Sri Lankan insurers witness 8.38% YoY in Q4’23
Claims incurred totalled Rs137b.
Surer partners for new agent indemnity insurance
The coverage protects agents from claims related to their services.
Crawford and Company unveils new Asia president
He is rejoining the company after working with a multinational competitor adjusting business.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
FWD Life Insurance ranks among the top insurers in the Philippines
It accumulated a total of $81m in NBAPE.
How insurance can aid potential exposures under new patent system – Aon
China's IP office received around 1.62 million patent applications in 2022.
APRA to assess industry's climate risk management
This year’s survey will have participants from banking, insurance, and superannuation entities.
Tune Protect Group CEO resigns
Rohit Nambiar plans to take a career break.
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1. Pressures mount for less desirable energy insurance placements 2. Hong Kong general insurance GWP to reach $10.9b by 2028 3. OCBC courts Great Eastern with S$1.4b offer 4. OCBC's bid for Great Eastern Life to boost sector valuations 5. Italian insurance-financial firm opens office in SingaporeResource Center
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Jul
09
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
Co-Written / Partner
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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1. Pressures mount for less desirable energy insurance placements 2. Hong Kong general insurance GWP to reach $10.9b by 2028 3. OCBC courts Great Eastern with S$1.4b offer 4. OCBC's bid for Great Eastern Life to boost sector valuations 5. Italian insurance-financial firm opens office in SingaporeAwards
Jul
09
Commentary
Firewalls are never enough