News

16% plan insurance exit as Australian premiums spike

But 41% of Australians will keep their current provider.

Philippine deposit insurer raises maximum coverage to P1m

Previously, the MDIC amount was $8,630.44 (₱500,000).

Insurers shift from traditional to real-time risk analysis

Thanks to increased AI-adoption, threats are also rising with phishing attacks up 135% in 2 months.

Singlife Financial Advisers unveils new CEO

Before this role, he held leadership positions at Singlife and Aviva Singapore.

Singaporean women feel more financially secure than past generations: survey

Only 12% expect full financial support from their own children as they age.

Australia opens consultation for annuity products capital settings

The key proposal will modify the calculation of the ‘illiquidity premium’.

Swiss Re appoints new CUO, Patrick Raaflaub to retire

Raaflaub will retire by the end of September 2025.

SEADRIF, FAO partner to assess Agricultural Risk Finance Facility

Both seek to address this by improving access to data, models, and insurance.

This week in insurance: Australia's insurance sector faces cost pressures

6 in 10 Australians said they are willing to spend more on protection against disasters. 

Insurers, governments must address longevity challenges together

People in developed countries tend to underestimate their lifespans.

Swiss Re bags $3.2b profits, rises 3.1% YoY in FY 2024

The company targets a net income of over $4.4b for 2025.

Muang Thai Life’s profitability set for medium-term recovery

Fitch also projects capitalisation to stay stable in 2025.

China’s FIs urged to refine services for credit support

The NFRA also highlighted the role of technology in improving inclusive finance.

ASFA sees double-digit returns in 2024 for superannuation funds

They also cautioned against increased regulatory burdens.