News
China greenlights BNP Paribas, Prudential insurance firms
China’s fast assets growth last year attracted both parties.
China greenlights BNP Paribas, Prudential insurance firms
China’s fast assets growth last year attracted both parties.
Climate change renders Australian home insurance unaffordable
Surge in claims led to an average home insurance premium increase of at least 14%.
Aon to support Asia’s low-carbon investments with AIGCC
Aon aims to develop market-based climate solutions.
APAC sees rising demand for cyber, EV insurance
Motor insurance remains the largest non-life segment, representing 41% of premiums.
SeaMoney and MSIG Singapore launch new travel insurance for SG-based travellers
The insurance also covers group travel.
Allianz Malaysia releases flood guideline for commercial and SME policyholders
It also includes flood vulnerability assessments.
Everest launches AI-powered health insurance in Singapore
The AI streamlines the matching of patients with physicians.
Niva Bupa Health’s IPO opens today, closes 11 Nov
The healthcare insurer has set a price range of ₹70 to ₹74 per share.
PCRIC, WTW enhance pacific disaster coverage
PCRIC will provide coverage against tropical cyclones, heavy rain, earthquakes, and tsunamis.
Manulife Asia Q3 2024 net income surges nearly ten-fold
The group bagged a Q3 2024 net income of $1.8b.
Brokers must ensure timely claim notification: Clyde & Co.
Some policies allow, but don’t mandate, policyholders to notify any potential claims.
China Taiping Insurance sees robust capitalisation with TPG financial support
It is anticipated that CTPIS will build its life insurance segment over the medium term.
Construction Guarantee faces profit pressure amidst prolonged construction downturn
A notable rise in guarantee claims payments and reserves is expected to keep claims levels elevated.
Miller names new chief information officer
He has over 30 years of experience in IT.
Swiss Re sells iptiQ's European P&C unit to Allianz Direct
This move brings over 130,000 iptiQ customers into Allianz Direct's portfolio.
Pru Life UK introduces Philippines' first Takaful insurance
It collaborated with Takaful-experienced affiliates in Malaysia and Indonesia.
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Most Read
1. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 2. Singapore’s life insurance slated for $43b premiums in 2029 3. APAC emerges as leader in renewables insurance 4. Rising healthcare costs drive growth in Indian insurance: McKinsey 5. MAS updates rules on life insurance product launchesResource 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.
