Staff Reporter
More than half of Thai policyholders willing to share more information for personalised insurance coverage: Survey
More than half of Thai policyholders willing to share more information for personalised insurance coverage: Survey
Income protection policyholders want more detailed coverage.
Sunshine Insurance shows bright preliminary H1 2023 performance
It saw its gross written premiums climb 7.7% to RMB67.81b in the first semester.
Swiss Re ties up with Wysa for first AI-based mental health support app in Australia
The insurers are working to build similar products to cater to other regions.
Tokio Marine sends relief fund to fire-stricken Maui
The fire struck the island of Hawaii on 8 August.
CDP urges insurers and other FIs to integrate system-wide transformation for nature-related risks
Insurers have incorporated climate change risk and opportunity in their portfolios more than water or forest-related.
China-unit of Tokio Marine to stay afloat with TMNF support: Moody’s
Lower investment returns amidst a low-interest rate environment pose a challenge to its profitability.
FWD Group outlook turns positive: Moody’s
Driven by an improved earnings report and partnerships, the insurer shifted from ‘stable’ to ‘positive’.
Gen ‘Z’ to change the course of insurance: Igloo
The emerging trends include embedded insurance, pet insurance, and gaming insurance.
Life insurance sector in Malaysia to exceed $15.9b by 2027 – GlobalData
For 2023, life insurance in Malaysia is forecasted to grow 2.4%.
China’s insurers hold steady assets in Q2
Year-to-date, assets grew 7.6%.
Sompo International taps Alasdair Walker as regional head for distribution insurance
He will oversee the distribution insurance segment in the APAC region.
Allianz Malaysia shows promising first-half performance
Both its life and general insurance subsidiaries also saw increases in revenue.
SG’s Income Insurance, Swiss Re reveal first post-cancer term option
The coverage is available to patients aged 74 to 54 years old.
Top 20 APAC insurers average 8.2% in premium growth – GlobalData
Rate hikes and macroeconomic uncertainty remain a concern for APAC insurers.
IAG reports year end results, insurance profit surges 37%
Operating costs stayed within its target for the third consecutive year.
Hyundai Insurance underwriting dips in H1 ‘23
Its net income also saw a 15.8% contraction to KRW578b.
Taiwan’s life insurers buckle up for capital standard implementation by 2026
Life insurers are expected to move towards health and accident policies in the next two years.
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AI isn’t replacing insurance, it’s finally making it work