Olivia Tirona
2020 General Insurance Code of Practice to be reviewed – ICA
2020 General Insurance Code of Practice to be reviewed – ICA
The first phase will address general topics not directly related to the 2022 floods.
Elevated catastrophe costs put pressure on QBE’s earnings: Fitch Ratings
The recently completed transaction reinsured $1.9b of long-tail reserves reduced risk volatility.
IRDAI issues regulations for insurers’ ease of doing business
It targets to move towards a principles-based regime.
New Zealand’s non-life market ‘stable’, good premium growth is anticipated: AM Best
Volatile weather conditions, tightening reinsurance capacity, and reinsurance rate increases may increase volatility.
Allianz Partners names CEO of Travel business
Anna Kofoed has 25 years of experience in the travel technology industry.
MAS reminds insurers about guidelines on fair practices for PWDs
MAS said efforts will be made to withdraw the reservation on Article 25(e) of the UN Convention on the Rights of Persons with Disabilities.
Only one in 10 S’porean platform workers think about retirement planning: Survey
The Singlife survey also showed that only 17% of the respondents feel financially free.
China’s life insurance dips further in October
Its total premium income fell 8% YoY.
Hive Health acquires HPPI
The acquisition will entail HPPI’s to integrate with Hive Health’s technological capabilities.
FWD HK unveils new retirement plan for HKMC’s programme
This collaboration expands retirement solutions in the market.
Global trade credit insurance market reaches $14b in 2022 – ICISA
Trade credit insurance serves as a vital risk management tool for businesses.
Australian lawyers call for e-scooter safety and insurance refinement
The ALA advocates for a comprehensive review of insurance and regulation for e-scooters to establish a system ensuring all riders.
GIC Re posts higher premium income in 1H23
However, its underwriting loss increased.
Indonesia’s insurance M&A to reach $22b in 2027: GlobalData
The increase in MCR for insurers is expected to lead to merger and acquisition (M&A) activities.
IAG enters cyclone reinsurance pool
It aims to reduce insurance premiums for eligible policyholders in cyclone-prone areas.
Zurich, Mandala partner to unveil first climate risk index for power sector
The index is a comprehensive quantitative climate assessment for the entire energy generation sector.
Singapore’s life insurance industry dips 9.7% in 9M23
The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums.
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AI isn’t replacing insurance, it’s finally making it work