News

The sector must build a fair and inclusive market for all consumers.

The council also urged the government to avoid regulatory duplication between the ACL and existing financial legislation.

Higher attachment points in property reinsurance have limited loss frequency.

Due to the ageing population, health awareness, and consumer spending.

Strong balance sheets can help multinationals achieve this.

RE is projected to account for 45% of global electricity generation by 2030.

The insurer’s core profit margin increased to 13% in 2023 from 11% a year earlier.

41% of SEA saw potential family disputes from lack of a plan as top concern.

This was mainly driven by carriers pushing for rate adequacy after high inflation.

It also aims to achieve core EPS with a CAGR of over 9%.

The policy provides up to $16.92m in coverage.The International Federation of Red Cross and Red Crescent Societies' Disaster Response Emergency Fund (IFRC-DREF) has triggered its first-ever insurance payout after disaster relief demands exceeded its deductible threshold. 

Surrender claims and death claims fell by 13.5% YoY.

It could improve policyholders’ wealth by nearly 5% whilst being 37% cheaper.

It also helps underwriters refine key judgement points in risk evaluation. 

Net profit doubled year-on-year to $806m in H1 2024.

He will be based in Singapore.