Olivia Tirona
China boosts healthcare with 95% insurance stability
China boosts healthcare with 95% insurance stability
744 drugs have been added to the insurance catalogue.
GWP of Sri Lankan insurers witness 8.38% YoY in Q4’23
Claims incurred totalled Rs137b.
Surer partners for new agent indemnity insurance
The coverage protects agents from claims related to their services.
Crawford and Company unveils new Asia president
He is rejoining the company after working with a multinational competitor adjusting business.
FWD Life Insurance ranks among the top insurers in the Philippines
It accumulated a total of $81m in NBAPE.
How insurance can aid potential exposures under new patent system – Aon
China's IP office received around 1.62 million patent applications in 2022.
APRA to assess industry's climate risk management
This year’s survey will have participants from banking, insurance, and superannuation entities.
Tune Protect Group CEO resigns
Rohit Nambiar plans to take a career break.
IAG apologizes for payroll mishap, ensures fix
The issue was due to its manual submission of entitlement claims.
Allianz Partners establishes presence in GIFT City
It is the first foreign reinsurer to operate in the area.
Taiwan’s property insurance to spike after 7.4 quake spurs millions in losses
Taiwan's general insurance industry's profitability isn't likely to be significantly affected.
Australia's life insurance to grow 5.9% CAGR by 2028
Favourable macroeconomic and demographic factors will be catalysts for its 2024 performance.
Samsung Fire & Marine halts bancassurance after 20 years: Report
The FSC reports a 15% decline in bancassurance income for Korean non-life insurers.
Canopius reels in new CEO for APAC, MENA
Soon Keen Lee is expected to join Canopius before the end of Q2’24.
Igloo partners with Tokopedia for consumer protection
The partnership hopes to cover 99% of Indonesia’s districts.
Narrow capital buffer limits Allianz Jingdong's expansion
Fitch anticipates increased synergy and integration between the parent company and its Chinese subsidiary.
Why insurance providers are the key to APAC health solutions
Insurance-backed digital app penetration is projected to rise by 70% in the next two years.
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1. Chubb names ex-AIG exec to lead commercial P&C in APAC 2. How 56% of insurers plan to boost data analytics use 3. Prudential raises over $530m from ICICI Prudential AMC sale 4. Universal life insurance market to reach $132.3b by 2033 5. Insurance, finance sector should expect strong hiring demand in Q1 2026Resource Center
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AI isn’t replacing insurance, it’s finally making it work