Diana Dominguez
HKIA launches anti-scam charter with financial regulators
HKIA launches anti-scam charter with financial regulators
The initiative involves 230 participating institutions.
Allianz Trade’s global WCR hits 16-year high
The rise was due to high inflation and financing costs.
Property catastrophe reinsurance sees ‘strong’ appetite on higher returns
At $670b, total global reinsurance capital is now close to the 2021 peak levels.
S&P forecasts slight increase in CCB's NPA ratio
The slow growth will be due to problematic property loans and higher loan ratios.
HKIA and HKPF inks MOU on a joint framework for legal services
The agreement will ensure the insurance market’s reliability and security.
Generali achieves a 5.6% growth in gross written premium for FY2023
The company’s operating result also grew 7.9%.
41% of Australian travellers opt out of purchasing travel insurance
27% of Australians think travel insurance is unnecessary.
Hong Kong’s PA&H insurance sector to reach $28.5b in 2028
This growth was driven by the increased health awareness brought by the pandemic.
Great Eastern Holdings and Great Eastern Life issues $2b euro medium-term notes
The notes may have fixed or floating rates or none at all.
1 in 2 Singaporeans prefer using online websites to buy travel insurance
43.7% of Singaporeans travel 2-3 times annually.
HSBC Life tops Hong Kong’s insurance industry in 2023
HSBC Life’s business premium amongst the biggest market share contributors.
Singlife introduces upgraded plans for policyholders with mild disability
The upgraded plans are measured by the customer’s ADL performance.
Commentary
AI isn’t replacing insurance, it’s finally making it work