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WTW reels in new president for risk and broking
WTW reels in new president for risk and broking
She has over two decades of experience in the industry.
Cyber insurance faces up to 10% loss from CrowdOut
Insured losses for standalone cyber insurance to reach up to $1.5b.
Embedded value of Asia's life insurers grows 7.2% in 2023
Japan and Taiwan post strong gains in insurer-embedded value.
Red flags raised in Singapore's malpractice claims environment
These cases could see increased awards and higher premiums.
Sompo China secures strong solvency amid dividends
In 2024, it paid $8.6m in dividends, representing 80% of its 2023 earnings.
WTW’s net income surges 48% YoY in Q2 2024
Its revenue increased by 5% YoY to $2.3b.
Blue to partner with over 100 brokers in 2 years through new channel
The first product available is the 25-year participating life insurance plan.
Insured losses to reach $1.08b in CrowdStrike fallout
This is equivalent to about a fifth of the total financial loss of $5.4b.
Bigmotor scandal exposes thousands of fraudulent claims
About 30% of claims investigated in the past 5-8 years were fraudulent.
Fitch sees progress in China's insurance regulations
The industry has begun to embrace the IFRS 17 standards.
How modular construction and project cargo insurance are connected
The modular construction market size is estimated at $64b in 2024.
Asian insurance rates suffer in Q2 amidst rising competition
All lines of business witnessed declines during the period.
United Overseas Insurance Profits Rise 14.9% YoY in H1 2024
Thanks to a surge in its dividend income on a year-on-year basis.
Income Insurance keeps affordable insurance offerings post-deal: NTUC Enterprise
It will still participate in national insurance programmes with the CPF Board.
Generali Thailand commits to sustainability with new HQ
This move includes both its life and general insurance arms.
AIA Singapore gifts 6-month free coverage for national day
It plans to provide six months of complimentary insurance coverage.
Allianz Partners Expands SIA Insurance Offer in Australia
Passengers can purchase insurance during the booking process.
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