News
Insurers weigh AI personalisation against data risk
Insurers weigh AI personalisation against data risk
Firms face pressure to balance customisation with privacy safeguards.
Insurance BPO forecast shows $5.4b rise over nine years
APAC is also forecasted to be the fastest-growing region.
LIAM names AIA’s Ben Ng as new industry association president
He succeeds Raymond Lew, who served as President, Vice President for over 5 years.
Southwest monsoon leaves 90% economic losses uninsured in 2024
Key sectors affected were agriculture, energy, and manufacturing.
Premiums of Cambodia’s insurers bag $30m in February
This was smaller than January’s $43m.
Great Eastern outlines 2025 priorities with focus on value creation
It plans to expand its product offerings in wealth accumulation.
China raises equity cap for insurers to boost real economy
The government also lifted the equity asset allocation ratio for certain insurers.
Aon launches growth tool to help insurers benchmark performance
It enables insurers to self-assess across seven key performance categories.
GCube urges insurers to close risk gap in renewable projects
Severe risks have greatly impacted the project bankability of renewables.
Hannover Life Re to acquire Swiss Re’s direct life portfolio
The transaction is expected to be completed within 18 months.
China launches tip-off portal for insurance fraud reporting
Informants may receive a one-time reward ranging from$27.8 to $27,427.
AM Best expects CMB Wing Lung Insurance's capital strength to continue
The insurer’s capital and surplus rose to $400m (HK$3.1b) at the end of 2023.
Canopius taps ex-QBE exec for ANZ leadership role
He will report to SK Lee, CEO for APAC and MENA.
Dai-ichi Life acquires 15.1% stake in Challenger for $560m
It plans to acquire through its Australian subsidiary.
Manulife appoints new Chief Actuary
Hung Ko will also take on an expanded role following Stephanie Fadous’ appointment.
S&P says insurers can absorb South Korea wildfire losses
The fire was the worst on record since 1987.
Hong Kong expands ECIC cover with SME export support
ECIC will extend free pre-shipment cover for holders of its Small Business Policy.
Thought Leadership Centre
In Association with
Most Read
1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Showcase your achievements and gain recognition for shaping the future of insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work