News
FWD Group reports 17% growth in VNB for Q124
FWD Group reports 17% growth in VNB for Q124
The company saw $215m in terms of value of new business.
India repeals 55 health insurance documents
On a good note, policyholders gain more product choices.
Taiwan insurers rebound to $4.76b in profits for April
It was a far cry from the $270m loss in 2023.
Howden inaugurates SME cyber insurance platform
Only one in 10 SMEs invest in cyber insurance.
Hong Kong Investors wary of insurer growth divergence
IFRS 17 tends to undervalue savings contracts, Jefferies noted.
Japan insurers pay $215m for April hail damage
Nearly 100% of the claims received were covered.
Prudential Hong Kong forms alliance with 7 local hospitals
This partnership aims to build a healthcare ecosystem in Hong Kong.
Indonesian fintech protects 200k customers through Qoala, Sompo collab
JULO Protect Plus is the first insurance cover embedded in its virtual credit card solution.
Global R&W insurance claims rise despite M&A slowdown
The competitive landscape in 2023 favoured insured parties more.
Pacific Life Re secures reinsurance deal with Tokio Marine & Nichido Life
This will benefit Anshin Life’s product portfolio.
Paytm withdraws application for general insurance licence
Its decision will save the company INR950 crores.
Kairos appoints tech veteran Siregar as new CTO
Andre Siregar will work hand-in-hand with Albert Lim and Stephen Lee.
Philippines’ state insurer collaborates with JICA
The Technical Cooperation Project hopes to boost GSIS’ underwriting capabilities.
HL Assurance combats online fraud through partnership
The coverage offers protection against unauthorised transfers and false payments.
bolttech, HAVA.id partner for SME device protection
Indonesian SMEs can also enjoy an additional 12-month device warranty.
Sumitomo Life lags in attractiveness amongst peers
The insurer expects a 15% YoY increase in consolidated insurance premiums.
HKIA reinforces sanctity of license to operate
Violations can result in a fine and imprisonment for up to two years.
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AI isn’t replacing insurance, it’s finally making it work