News
Fitch Ratings forecasts more insurance sector regulations
Fitch Ratings forecasts more insurance sector regulations
Mainly due to changing capital requirements.
Hong Kong underwriting flexibility rises amidst competition: Aon
Despite limited new business opportunities, the market continues to attract capacity.
P&I clubs face offset of gains by rising pool claims
AM Best also expects further rate adjustments in upcoming renewals.
Global insurance protection gap hits 60% amidst warming
Total economic losses exceeded $350b in 2024.
How is AI reshaping fraud detection in banking and insurance
A strong governance function can bridge security gaps.
Dai-ichi Life maintains stable outlook: AM Best
The parent company saw its total reported capital rise by 46% YoY.
Asia-Pacific’s 2024 deal activity ‘sluggish’
The Ardonagh Group acquisition of PSC Insurance was the largest deal.
Well Link Life Insurance's investment yield aims for double digits
AM Best expects the company’s medium-term balance sheet to remain strong.
Igloo multiplies partnerships across SEA, new chief distribution offier
Sasitharan Krishnan has over 30 years of experience in insurance distribution.
A fourth of the insurance industry lacks AI-experienced talent
Other concerns include a lack of customer understanding.
PRU Life UK debuts flexible, hybrid-friendly BGC head office in Manila
The new workspace aims to boost productivity and prioritise well-being.
Manulife Asia unit net income leaps to $2b in FY 2024
EPS ended at $2.84.
Vietnam state insurer app logs 38% insured users in digital shift
Nearly 2.5 million customer interactions were recorded last year.
Bima Trinity initiative to boost insurance industry: CareEdge
The industry’s growth can be attributed to retail health and motor.
360 ONE Asset buys 15% of Bharti AXA
Which is expected to boost its market presence in India.
Sun Life Malaysia Takaful announces new CEO
He succeeds Jeffry Azmi, who has retired.
Sun Life reels new CHRO for Asia
She joins from RSA, where she served as Chief People Officer.
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AI isn’t replacing insurance, it’s finally making it work