News
BMS Re boosts MGA business with six new hires
BMS Re boosts MGA business with six new hires
It said it boosts its ProLink Solutions personnel by 40%.
Manulife’s Asia segment net income down 29% YoY in Q1’24
APE sales in Asia climbed 13% YoY to $950m.
Prudential ceases Hong Kong wealth business
It also closed down its wealth management platform in S’pore back in September.
China's long-term care insurance sees regulation overhaul
Since its launch, the scheme has covered 180 million people.
GIC Re witnesses premium income fall in 9M’23
Its premium income fell to INR28,458.1 crore.
Why are intangible assets more valuable but less insured?
Only 44% of respondents feel prepared for an IP ‘Black Swan’ event, Aon said.
Political risks dawn on the mining sector
Supply chain disruptions can jeopardise project returns.
Pinnacle Life sees steady operating performance
AM Best projects the insurer to have a stable outlook against a solid balance sheet.
What are the 10 major risks driving the industry today?
Moody’s CRO presses cyber is the most common risk across sectors and regions.
China’s old-age insurance coverage surges by 14.34 million
Revenue of three social insurance funds totalled $309.6b in Q1’24.
Malaysia’s PIAM awaits updated guidelines for vehicle repair
These developments are in line with Malaysia’s aspirations of transforming motor claims.
China's pension scheme grows to 1.07 billion participants
Total income and expenditure of these schemes amounted to $304b in Q1’24.
FWD enhances insurance with digital marketing strategies
Digital marketing is amongst the most in-demand marketing skills in 2023.
Allianz Trade backs Prometheus for disability support
The insurer will provide financial support and aid with strategic and visibility matters.
Manulife Singapore upgrades income-generating product
About 9 in 10 S’poreans said they want to earn without working.
Moody's says FTLife to maintain profitability
The ratings agency expects strong capital reserves, surpassing regulatory minimums.
Indonesia's vehicle sales drop risks finco asset quality
Fitch expects finco sector receivables to grow at a high-single-digit rate in 2024.
Thought Leadership Centre
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1. Manulife’s Leah Ng says better governance boosts women’s leadership 2. Singapore shippers face policy cancellations as Iran conflict escalate 3. Better protection for vulnerable groups could boost PH insurer trust: AXA 4. How APAC cyber gap exposes households to fraud 5. Cybercrime tops insurance risks as AI heightens threats: PwCResource Center
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness