Olivia Tirona

Property damage and motor businesses were the two most affected lines of business.

Despite government support and brand awareness in Shaanxi, the insurer faces challenges in expanding its market share in the medium to long term.

Insured losses in the year alone have surpassed $100b, driven by thunderstorms.

The ICA CEO expressed that travel insurance is as important as passports.

It aims to have a better outcome for the development and sustainability of the motor insurance and repair ecosystem. 

The meeting was part of a series aimed at fostering close communication and mutual understanding between regulatory authorities and the financial industry.

Travellers can now safeguard every aspect of their journey, from illness to public transport disruptions and extreme weather.

The proposed changes aim to establish reasonable standards for the pricing of data transfer costs, ensuring a sustainable operational environment for MyData services.

This will make Oona the sole owner of Oona Philippines.

The assessment mirrors Meritz's robust balance sheet strength,

Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.

Diversified investments, consolidation, new tech, and emerging regulations drove this sentiment upward.

This consultation comes after the implementation of the Risk-based Capital (RBC) regime.

New measures extend the adjustment period for insurers to adapt product and investment strategies to meet capital requirements by 2026.

A survey was conducted to assess how the life insurance and superannuation industries are responding to the issue of sustainability.

It accumulated a total of $3.3b in net income.