Olivia Tirona

Critical illness coverage penetration challenges: Understanding Singaporean Struggles and Solutions

Critical illness coverage penetration challenges: Understanding Singaporean Struggles and Solutions

Societal discomfort around discussions of illness and mortality contributes to a reluctance to confront the need for adequate insurance coverage among Singaporeans.

Renewables push faces climate hurdles post-COP28

As the world advances towards net-zero, protecting our renewable assets from extreme climate events is vital.

Lloyd’s sees 11.6% gross written premiums surge in 2023

Its overall profit before tax stood at $13.5b.

MSIG beefs up overseas students' coverage

It plans to extend the protection to the insured student’s spouse and up to five children under the policy.

S&P predicts modest capital upkeep for PICC Group amidst market changes

The insurance group benefits from risk diversification, supporting its capital adequacy.

Prudential's Asian life business beats expectations with $3.1b NBP

Jefferies expects Prudential to exceed medium-term growth targets.

Qoala secures $47m in Series C funding

Total capital raised to date surpasses $130m.

Record-breaking Nat Cat causes $108b insured losses in 2023, says Swiss Re

Over the past 30 years, insured losses from Nat Cat have outpaced global economic growth

HDI Global SE’s insurance revenue soars 10% YoY in FY'23

Its Singapore business expanded its product offering through political and credit risk market entry.

Hong Kong’s women in insurance rising in a male-dominated business sector

Hong Kong’s female insurance executives show how they take on leadership roles.

Strong women in insurance speak on gender bias

Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated sectors.

Moody's projects stability for Guoyuan Agricultural Insurance

Despite exposure to high catastrophe risks, the insurer’s stable outlook is backed by its robust market presence and risk-based capitalisation.

Chinese insurers under strain as investment returns face double whammy

Fitch notes that insurers have not significantly increased their exposure to riskier assets since regulatory measures in 2022.

MSIG Asia’s CEO shares approach to risk management evolution

CEO Clemens Philippi explains why MSIG Asia is sticking with a Japanese-based strategy of thinking long-term and prioritising sustainability.

Tokio Marine launches novel earthquake cat bond with SDB

This is the first time proceeds will be used to boost SDG goals through an SDB.

DB Insurance to keep competitive spot in Korea’s market – S&P Global

DBI's assessment could be dragged if its consolidated capital position deteriorates significantly.

6 of 10 Thais are confident in sharing data for personalised coverage

Key factors like value for money, affordable premiums, and brand trust remain significant influences on insurance purchasing decisions.