Alec Maquiling
PIC Insurance Brokers appoints new COO
PIC Insurance Brokers appoints new COO
Graeme Edwards was the executive general manager at AIA.
Great Eastern exploring options for free float requirements compliance
SGX gave the insurer until 25 May.
China expands basic medical insurance portfolio
The country added 91 new drugs to its medical insurance drug catalogue.
Singlife appoints Amundi for its low carbon transition strategy
The company will allocate 20% of its public equities for Amundi to manage.
China urges insurance firms to increase underwriting support for SMEs
The notice said banking institutions should continuously optimise financial services.
Insurance sector must remain resilient amidst emerging global risks
The sector must build a fair and inclusive market for all consumers.
How multinationals can unlock the potential of trade credit insurance
Strong balance sheets can help multinationals achieve this.
Premium grows 9.5% in 2023 outpacing nominal global GDP
This was mainly driven by carriers pushing for rate adequacy after high inflation.
Empathy can drive life insurance sales
Successful agents know how to step into the shoes of their clients during an appointment.
Insurers need cultural overhaul in digital push
Digitalisation seeks to simplify processes, not complicate things.
Lifenet establishes policy and committee for sustainability
It also determined a corporate value enhancement based on the LIFENET Manifesto.
Asia faces $74t retirement income shortfall
Emerging markets in Asia face a $74 trillion pension savings shortfall.
Allianz becomes largest spending insurance brand in sports in 2024
The company has 52 sports sponsorship globally.
4 in 5 Singaporeans prioritise health over wealth
61% viewed health as the foundation for pursuing life goals.
AU, NZ insurance pricing flat in Q2
New Zealand’s property insurance pricing slightly rose due to natural catastrophes.
Thailand’s insurance pricing flat in Q2
Overall pricing remains flat with a slight exception in casualty/liability pricing.
AIA to simplify policy language amidst customer feedback
Difficulty in understanding the terms is seen as the top reason.
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AI isn’t replacing insurance, it’s finally making it work