Staff Reporter
Australia’s general insurance sector to see profitable 2025 ahead
Australia’s general insurance sector to see profitable 2025 ahead
For FY 2024, gross earned premium grew by 11%.
China sets 5-year plan for property insurance
It includes attracting int’l financial institutions to invest in China's property insurance market.
Insurance may serve only the rich by 2040
The Economist Impact and SAS study identified four scenarios for the industry's future.
Miller names new APAC head of power
McGonagle joins with over a decade of experience in the sector.
Insurance regulation in Sri Lanka 'developing with limited transparency': Fitch Ratings
The country has one of the lowest insurance penetration rates in Asia.
Singapore Re sees positive shift in underwriting
Thanks to favourable claims experience and business growth.
Singlife Connect 3.0 launched to build 'Beyond Insurance' ecosystem
It seeks to create integrated solutions in health, lifestyle, and financial literacy amongst others.
Manulife SG unveils two industry-first collaboration for cancer care, gut health
It will offer liquid biopsy for cancer care and gut health screening.
Australia’s super system could save $1b under proposed tax reforms
One measure proposed to introduce uniform tax policies across all accounts.
Stable underwriting improves China Taiping Insurance's outlook
Capital and surplus increased by 2.4% in 2023, reaching $679m.
HK Express, AXA offer parametric delay benefit
If a flight is delayed by 90 minutes or more, passengers can claim a worldwide lounge pass.
Mental health claims surge amongst Aussie millenials, boomers
Men are 60% more likely than women to file such claims.
Charles Taylor expands regional network with New Zealand's Carter Briggs Hurle
It aims to enhance claims management across Australasia.
Japanese life insurers' premium income doubles to $128b in September
Assets of Japanese insurers also doubled to $2.8t.
Climate change drives $600b in insured losses over 20 years
28 leading global insurers saw climate-related losses reach $10.6b.
New action plan to advance China's digital finance sector by 2027
It focuses on digitalising financial institutions and leveraging data and technology.
China adds 91 drugs to national medical insurance list
The price of the newly included drugs will drop by an average of 63%.
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AI isn’t replacing insurance, it’s finally making it work