Olivia Tirona
Prudential reels Anette Bronder for newly established role
Prudential reels Anette Bronder for newly established role
Bronder will oversee technology and operations, focusing on shaping the organization's target operating models.
Vietnam's new law to stifle insurance sales growth – AM Best
The law is expected to allow policyholders to choose products they need at competitive prices.
Australians strike out health insurance amid soaring costs
Over the past twenty years, health insurance prices have more than tripled.
Korean Re faces downgrade risk amid shifting market dynamics
S&P hints at better assessments if Korean Re sustains strong performance and market leadership.
Allianz Singapore's claims bot hits milestone with 100 monthly claims
The claims bot, Allison, was launched in July 2023.
Zurich Insurance and Klook collaborate for solution to flight delays
The FlyEasy benefit offers lounge access to those with flight disruptions.
Japan P&C faces investor caution despite positive outlook
Jefferies anticipates a quicker unwinding of equity cross-holdings.
AlipayHK users benefit from Blue Cross travel insurance promotion
Travellers can purchase a five-day travel insurance plan for HK$1.
ASFA blames legislative changes for superannuation insurance downturn
Legislative changes blamed for superannuation insurance downturn.
AIA Group’s margin growth marred by health claims
A negative variance of -$221m on health claims, Jefferies noted.
New regime to strengthen accountability framework for Australia’s financial institutions
The Financial Accountability Regime (FAR) is effective beginning 15 March.
KBFG China sees continuous growth in capital and surplus
AM Best said its relatively small capital base and underwriting portfolio expose it to volatility in the event of large losses.
Prospects brighten for Fidelity Life Assurance's operating performance
The company's financial flexibility is bolstered by its two largest shareholders, said AM Best.
Ping An P&C's favourable business profile in China's insurance market – AM Best
AM Best assessed Ping An P&C to have a favourable business profile.
S’pore’s general insurance sector climbs 10.1% YoY in 2023
The healthcare sector suffered an underwriting loss due to rising costs.
Asuransi Astra's profitability stays strong, backed by parent group's business: AM Best
Its investment portfolio is moderately risky, mainly comprising domestically rated bond funds.
Philippines doubles third-party liability insurance coverage
The insurer will also cover other incidental expenses not included in bodily injury or death indemnities.
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1. Tata AIA funds beat benchmarks with strong five-year returns 2. IndiaFirst Life signs bancassurance deal with DNS Bank 3. Why 9 in 10 APAC insurers hold stable outlooks 4. Cost and low awareness limit health and life insurance uptake 5. Universal life insurance market to reach $132.3b by 2033Resource Center
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AI isn’t replacing insurance, it’s finally making it work