News
Singapore’s Igloo partners with e-commerce platforms for a safer shopping season
The influx of online shopping activity can lead to fraud and cybersecurity threats.
Sun Life Singapore launches life insurance package for Prudential clients
SunBrilliance Indexed Universal Life will be the first universal life solution plan for PFA clients.
FinTech industry poised for huge change thanks to AI: MAS
The festival will address both the promises and pitfalls of AI in the financial industry.
IAG enters cyclone reinsurance pool
It aims to reduce insurance premiums for eligible policyholders in cyclone-prone areas.
Zurich, Mandala partner to unveil first climate risk index for power sector
The index is a comprehensive quantitative climate assessment for the entire energy generation sector.
Singapore’s life insurance industry dips 9.7% in 9M23
The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums.
Aspen names new int’l head of cyber
He will continue to be based in the London office.
New Zealand’s insurance profitability remains subdued – Reserve Bank
Regarding regulatory updates, progress has been made in two reviews of insurance regulation.
Manulife surpasses Q3 performance expectations: Report
Analysts have estimated 83 cents per share for the quarter.
Insurers close protection gap amid rising mental health issues
As Singapore sees a large protection gap, insurers attempt to close the gap through emphasizing mental health and sustainable inclusivity.
Ping An denies news of takeover move: Report
The insurer denied taking a controlling stake in the troubled Country Garden.
Munich Re records $3.9b profit in 9M23
The German reinsurer has been following the new reporting standards IFRS 9 and 17.
AXA XL appoints new CUO for APAC, Europe
She has extensive experience as an environmental liability underwriter.
Manulife HK, Macau’s APE sales and core earnings grew more than half YoY
Higher demand in the mainland prompted this robust growth.
bolttech boosts international collaboration with telecoms
This collaboration aims to provide device insurance for European mobile operators.
Coal asset stranded risk grows amid insurance coverage challenges: WTW
WTW’s report highlights the struggle between energy security, affordability, and sustainability, leading to continued volatility in the power sector.
Commentary
AI isn’t replacing insurance, it’s finally making it work