News
1 in 5 pet life insurance plans only cover vet consultations
1 in 5 pet life insurance plans only cover vet consultations
It does not include surgeries and hospitalisation expenses in the coverage.
Surer partners with Zurich to provide Marine Cargo product
The partnership provides quicker and easier access to marine cargo requirements.
India’s non-life insurance premiums jump 20% in February
The growth was attributed to the increase in health and motor segments.
Koh Beng Seng bows out as Great Eastern chairman
He will step down from the post on 21 April.
GIAJ lays down countermeasures vs. illegal home repairers
They disseminate information to areas affected by natural calamities.
Igloo provides affordable and accessible insurance solutions in Indonesia
They aim to triple the company's growth through product launches and partnerships in 2023.
95% of companies in India do not offer term life insurance to employees
Less than 5% of them provide comprehensive insurance and benefits.
GIA Singapore beefs up travel insurance fraud efforts
It will use Shift Technology's claims fraud detection system for the initiative.
Generali Asia grows net results by 2.3% in 2022
The insurer said it achieved its best operating result last year.
Ping An’s net profit drops to RMB83.8b in 2022
The insurer attributed the decline to the volatility of capital markets.
Prudential’s new business profit drops to US$2.18b in FY22
The insurer attributed the decline to higher interest rates and business mix effects.
How inclusive are life and health insurance markets in Asia?
Japan has the most inclusive L&H market in Asia.
Allianz to operate global commercial insurance business under new model
It will serve the segment as one go-to-market business.
Prudential plc joins Shanghai-Hong Kong Stock Connect programme
Stocks of the insurer will now be included in Southbound trading.
4 in 5 life insurance owners felt 'financially secure’
Four in 10 believed that financial concerns affect one’s mental health.
Gross premiums of HK general insurance soar 4.5% in FY2022
The industry earned $64.6b.
Mosaic Insurance opens new Singapore Office
The new office will expand the company’s transactional business across APAC
Commentary
AI isn’t replacing insurance, it’s finally making it work