News

HDI Global launches Climate Consulting to assess, manage climate risks

It provides location-specific analysis of both chronic and acute physical risks.

Ping An, Collinson International ink deal for flight delay benefit

Customers are granted access to the lounge or a chosen benefit.

Singapore life annuity insurance market to grow by $603m by 2028

The attractiveness of fixed annuities has been a key driver.

XN Global Health Insurance sets foot in Asia

The company also offers preventive care and wellness services.

Australians' out-of-pocket medical expenses rise to $1b in 2024

Private health insurance benefits in Australia have hit a record low since 2008.

PH banks and insurers face MSME credit gap, AI fraud, climate risk

Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.

Philippine banks and insurers called to pursue human-centred AI adoption

AI adoption should be centered on financial inclusion, customer experience, and personalisation.

Malaysian insurers to cap premium hikes, ensure affordability

Insurers will cap annual premium hikes below 10%.

Aon acquires Mitsubishi Chemical's insurance agency business

The deal adds 100 new employees to Aon in Japan.

Resolution Life seals reinsurance deal with Protective for $9.7b

The deal is expected to drive further growth in the global life and annuity markets.

Japan Post Insurance to invest up to $2b in reinsurance vehicle

The company aims to deploy capital as early as 2026.

Australia's insurers log 3,000 claims post-Cyclone Alfred

ICA CEO said to expect “many more thousands of claims.”

New Chinese financial guidelines focus on tech and green growth

China also aims to strengthen the multi-tiered old-age insurance system.

Manulife extends partnership with CUHK Medical Centre

The collaboration will include histotripsy under the ‘Medical Professional Support Service.’

Sri Lanka Insurance Corporation Life maintains stable outlook, strong investment

Its investment porftolio has minimal exposure to foreign currency assets.