News
Increased capital ratio supports Arch Indemnity's growth
Fitch expects this ratio to remain above the insurer’s internal target range.
4 days ago
Chaucer appoints new class underwriter for political risk
Ng specialised in political risk underwriting at AXA XL before joining the company.
4 days ago
China-based Groupama SDIG enhances non-agri insurance strategy
Over the past three years, the company’s combined ratio averaged 98%.
4 days ago
Half of risk leaders confident in current strategy: WTW
23% of respondents said supply chain issues as a critical challenge.
4 days ago
Climate change alters insurer risk management: S&P
Secondary perils have caused the reinsurance industry to regain capital in 5 of 6 years.
5 days ago
Hanwha Life acquires 75% stake in US firm Velocity Clearing
It aims to establish a foothold in the US financial sector.
5 days ago
Allianz Asia Pacific's business volume jumps 16%
The annualised premium (ANP) for Life/Health grew 14%.
5 days ago
New PH rule allows insurers and reinsurers to invest in infrastructure projects
Investments may be made through equity or debt.
5 days ago
APAC insurance M&A activity slows in Q3
Two major transactions faced regulatory scrutiny during the quarter.
5 days ago
Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America
The transaction is expected to close in early 2025.
5 days ago
Global insurtech market to hit $77.41b by 2028
Key drivers include the need for improved business efficiency.
5 days ago
Global life risk protection grows at 2.7% annually
Demand for protection products shows less sensitivity to interest rate changes.
5 days ago
PH manpower agencies must deposit $398 insurance for Bahrain-bound migrant workers
It will cover repatriation costs in case of employment termination.
5 days ago
114 million Indonesians insured in H1 2024, up 28.4%
Bancassurance generated the highest premium income at $2.33b.
5 days ago
MS First Capital Insurance’s underwriting drives consistent profitability
Shareholders’ equity, which reached $900m (S$1.2b) in 2023.
5 days ago
Construction Guarantee’s focus on public projects mitigates economic risks
CG's regulatory capital ratio improved to 225% in 2023.
5 days ago
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1. bolttech secures $50m venture debt from HSBC, expands market 2. Prudential launches AI lab in Singapore 3. Life insurance premiums forecast to grow by 3% yearly until 2026 4. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 5. APAC emerges as leader in renewables insuranceResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
