News
Rising property values boost home insurance demand
The market is projected to reach over 7% CAGR.
Insurance, pensions see 6.2% rise amidst market gains
Asia’s household financial assets grew by 7.5%.
Cyber insurance demand rises in APAC's emerging markets
APAC cyber insurance market is growing at nearly 50% annually.
Why Vietnam’s insurers are pivoting to foreign reinsurers for large policies
Local firms reinsured $246m domestic reinsurance premiums, $902m were transferred to foreigners.
A quarter of Singaporeans yet to start planning for retirement
They also project an expenditure of less than $6,000 per month.
Federal Court rules on IAG business interruption class action
The court expressed its intent to declass the representative proceeding.
APAC insurance stability bolstered by strong risk management
87% of the APAC rating units had stable outlooks at the end of 2023.
Why Australians are at risk of scams due to informal retirement advice
Older Australians were more likely to seek advice from formal sources.
Lower-income households bear brunt of insurance hikes
Whilst inflation is declining, insurance prices have risen sharply.
Miller strengthens reinsurance team with two new hires
One previously worked with Gallagher Re.
Singlife, Intellect ink deal for mental wellbeing
The platform is available in 30 languages across 60 countries.
Allianz Commercial India appoints new head of cyber security
She has more than a decade's worth of experience.
Global trade drives 8.4% growth in import-export insurance
Banks, lenders often require importers and exporters to have insurance in place.
Etiqa launches e-Takaful Hayat for PERKESO contributors
The app also assigns a health score to users based on their screening results.
GIAJ pushes for earthquake insurance in risk zones
The association is also revising its business practices.
Prudential pins two challenges in transition finance
It has also set aside $150m for KKR’s climate strategy.
ECGC’s risk-adjusted capitalistation at strongest level in medium-term
As a monoline credit insurer, it insures about 40% of total export credit by banks.
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Most Read
1. Aon to acquire Mitsubishi Chemical Group’s insurance agency 2. Singapore’s life insurance slated for $43b premiums in 2029 3. MAS updates rules on life insurance product launches 4. APAC emerges as leader in renewables insurance 5. Rising healthcare costs drive growth in Indian insurance: McKinseyResource 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.
