News
Experts warn insurers of growing vulnerability to token theft
Experts warn insurers of growing vulnerability to token theft
Six in 10 businesses have shut down in the past three years due to ransomware.
65% of Hong Kong SMEs lack business interruption coverage
Rising property rental prices remained top concern for the second consecutive year.
MS Amlin’s FY 2024 underwriting profits rise 12% to $250m
Gross written premiums increased to $2.2b.
Business insolvencies to rise by 5% in 2025: Allianz Trade
Insurers must brace for high interest rates, which could strain heavily leveraged sectors.
Manulife unveils plans with up to 400% critical illness payouts
One of its plans covers 126 critical illnesses and conditions.
Howden Private Wealth announces new CEO for Singapore, Malaysia
A deputy CEO has also been appointed for Hong Kong.
Generali earnings reach $5b in FY 2024
Gross written premiums rose by 14.9% YoY.
Takaful insurance market to grow at 9.41% CAGR
It was valued at $45.51b last year.
Philippine senate bill seeks broader insurance for rehired, direct overseas workers
Recruitment agencies and foreign employers should be held accountable for their obligations.
Allianz to sell 26% stake in Bajaj insurance units for $3b
The stake will be acquired by the Bajaj Group.
Marsh launches Cyber Echo Encore, boosting cyber insurance capacity
It also provides up to $45m in additional cyber insurance capacity.
Philippines cracks down on unauthorised third-party insurance seller
The government said it will deploy undercover “mystery customers”.
Markel names new CEO of its primary underwriting businesses
He brings over 20 years of experience in specialty insurance.
Term insurance uptake by women in India rises to 18%
Salaried women make up nearly half of buyers.
Manulife Asia reveals new CEO
The group also unveiled a new CEO.
Ping An P&C, FAW Hongqi launch intelligent driving protection services
Ping An P&C developed the first full-scenario solution for intelligent driving.
Bowtie expands VHIS benefits with histotripsy at Gleneagles
The hospital is also “Asia's first private hospital to offer Histotripsy treatment”.
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Enterprisers struggle with cumbersome loan requirements and high collateral.
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The increasing number of affluent individuals in India and their evolving insurance needs
Rethinking insurance for the masses