News
MS&AD net income doubles to $4.13b in 9M 2024
MS&AD net income doubles to $4.13b in 9M 2024
Thanks to higher ordinary profit, which surged 113.4% YoY.
Why a third of Singaporean SMEs don’t use cyber insurance
Amongst those without coverage, half considered purchasing a policy.
Sompo Holdings segregates business into two global divisions
Additionally, key leadership appointments have been made.
MS Amlin posts 7% net income rise to £103m in 9M 2024
Net premium earned nearly tripled during the period.
Experts examine AI's impact on Thailand’s financial services sector
Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
Fear, literacy gaps, and costs slow insurers' digital shift
Insurers cite job fears, digital illiteracy, and high costs as barriers.
FWD Group Expands board with three new directors
The board now has 13 members.
Aon elects new APAC CEO
She succeeds Anne Corona, who has taken a new leadership role within Aon.
Sompo’s 9M 2024 net income jumps 17.7% YoY
Thanks to higher underwriting income.
Sun Life aims to expand retirement plans amidst under-preparedness
17% have no retirement plan at all.
Generali, YAS launch tech-driven insurance for travellers
The product adjusts coverage up to 20 times based on travellers' spending.
Hong Kong SMEs pivot back to offline insurance channels
SMEs have scaled back cyber protection measures, with fewer investing in security solutions.
Wealthy Chinese use insurance for legacy-planning
Majority said that designating beneficiaries through insurance may prevent inheritance disputes
FWD Hong Kong’s new business APE up 53% in 9M 2024
All of its sales channels saw double-digit growth.
Embedded finance transforms retail with seamless transactions, partnerships
Integration boosts retail convenience but raises security challenges.
UOI proposes $8.9m final and special dividends for FY2024
If approved, the dividends will be paid on 16 May.
Global insurtech funding hits seven-year low in 2024
Australia was one of the markets with the largest share decrease.
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AI isn’t replacing insurance, it’s finally making it work