Olivia Tirona
Four key policies to change Vietnam’s health insurance law
Four key policies to change Vietnam’s health insurance law
93 million Vietnamese individuals have health insurance.
The global insurance market projects a 4.5% CAGR increase by 2027
Demand for car and travel insurance is increasing, amidst mandatory coverage.
30% of Malaysian millennials grasp insurance basics
66% of Malaysians feel like they can reach their long-term financial goals.
Credit insurance drives BRI's premium increase: Fitch Ratings
The insurer holds a 3% market share in Indonesia’s non-life industry, as of 2023.
Towngas, FSE Nova commit to expanded insurance cooperation
It plans to invest more resources to offer insurance broker services to Towngas’ customers in HK and the mainland.
Actuaries Institute calls for superannuation test revamp
The proposed two-metric test would introduce a new measure based on risk-adjusted performance.
WTW’s net income falls 6% YoY in Q1'24
Diluted EPS for the quarter was at $1.83.
UAE mandates employer-paid health insurance to foreigners
This requirement has already been enacted in Abu Dhabi and Dubai.
ARPC simplifies reinsurance for terrorism risks
Insurers must cover eligible policies in a declared terrorism incident, though scheme participation is voluntary.
MSIG Singapore to maintain footing from parent support: S&P Global
S&P Global Ratings said the insurer will remain highly strategic.
Over 1.12 billion in China receive health e-certificates
The e-certificates enables individuals to present a QR code instead of physical insurance cards.
Malaysia’s general Takaful payouts up 24.4% in responsiveness
MTA anticipates steady industry momentum in 2024.
Philippines’ state insurer scores 21% YoY profit in Q1’24
Total assets jumped 10% YoY to $30b.
AI insurance tech receives $2b investment in 2023
Insurers need to stay ahead amidst tech disruptions, says GlobalData head.
HKIA alerts on fraudulent payment invoices
The HKIA not issue invoices for anything named "Insurance Authority Certificate" or "Capital Insurance Certificate."
CareEdge forecasts 11% to 13% growth for India’s life insurers
Digital infrastructure is expected to enhance distribution channels.
Igloo partners with finance providers to tackle underinsurance in Vietnam
To date, Igloo has partnered with more than 75 companies in 8 different territories across SEA.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
