Staff Reporter
Police Health Plan maintains a robust balance sheet
Police Health Plan maintains a robust balance sheet
It benefits from a high penetration rate within the police force.
China absorbs $13b loss in natural disasters in H1 2024
The government has allocated $570m for disaster management this year.
AIA teams with BlackRock, BNY for scalable investment ecosystem
It will use BlackRock’s Aladdin technology with BNY’s data management.
Health insurance essential, but too much can rack up prices: MOH
With rising claims, insurers are barely profiting from health insurance.
Prudential Assurance Malaysia Berhad triumphs at Insurance Asia Awards 2024
The company secures top honours for its inclusive insurance initiatives in Malaysia.
Great Eastern halts trading of its shares in SGX
This follows OCBC's increased shareholding in the insurer.
1 in 5 Australians switch home insurance to save costs
Alarmingly, 3% downgraded or dropped their policy completely.
AIA S’pore taps new tech lead
Afees Ashroff has more than two decades of experience in banking and insurance.
FWD Group maintains MDRT top 10 streak
FWD Group now has 2,089 MDRT members.
Ant Insurance’s partners see $1.93b in claims
On a year-on-year basis, this was up 30%.
Insurance agent barred for misappropriating funds
He allowed premiums totalling $4,623 to be deposited into his bank.
Sompo appoints new consumer lines leader for APAC
He has an 18-year experience in the industry.
Steadfast Group bags 17th spot in AM Best’s list
The broker was first of three newcomers in the ranking.
APAC leads in automotive usage-based insurance market growth
The global market, valued at $58b in 2023, is set to expand to $249b by 2032.
IndiaFirst Life appoints new leaders for expansion
Both are president & chief distribution officer for two different divisions.
Chubb reels in new APAC lead, other leadership
He will be relocating from Miami to Singapore.
BRI Insurance receives accolades at Insurance Asia Awards 2024
The company has strengthened its position as the Best General Insurance Company in Indonesia by achieving the first rank in Elite Class of General Insurance Company in Indonesia.
Commentary
AI isn’t replacing insurance, it’s finally making it work