Insurance Asia

Low penetration rates challenge Indonesian insurance
^ "https://vimeo.com/938945040"
Innovations and regulatory support to help drive growth in the insurance sector
Synthetic data to power 40% of insurance AI by 2027
^ "https://vimeo.com/938109978"
Addressing privacy and bias concerns through innovative data use.
Credit insurance drives BRI's premium increase: Fitch Ratings
The insurer holds a 3% market share in Indonesia’s non-life industry, as of 2023.
Towngas, FSE Nova commit to expanded insurance cooperation
It plans to invest more resources to offer insurance broker services to Towngas’ customers in HK and the mainland.
Actuaries Institute calls for superannuation test Revamp
The proposed two-metric test would introduce a new measure based on risk-adjusted performance.
Noto earthquake saw $480m claims paid – GIAJ
Total claim payments received were 81,544.
WTW’s net income falls 6% YoY in Q1'24
Diluted EPS for the quarter was at $1.83.
UAE mandates employer-paid health insurance to foreigners
This requirement has already been enacted in Abu Dhabi and Dubai.
ARPC simplifies reinsurance for terrorism risks
Insurers must cover eligible policies in a declared terrorism incident, though scheme participation is voluntary.
MSIG Singapore to maintain footing from parent support: S&P Global
S&P Global Ratings said the insurer will remain highly strategic.
Over 1.12 billion in China receive health e-certificates
The e-certificates enables individuals to present a QR code instead of physical insurance cards.
Malaysia’s general Takaful payouts up 24.4% in responsiveness
MTA anticipates steady industry momentum in 2024.
AI insurance tech receives $2b investment in 2023
Insurers need to stay ahead amidst tech disruptions, says GlobalData head.
HKIA alerts on fraudulent payment invoices
The HKIA not issue invoices for anything named "Insurance Authority Certificate" or "Capital Insurance Certificate." 

Join the Insurance Asia community

Exclusives

Exclusives

Insurance Markel targets professional indemnity market in Australia
Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
Insurance Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
Insurance InterContinental Singapore is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel’s rain insurance offer.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Insurance 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.

Top News

Low penetration rates challenge Indonesian insurance
^ "https://vimeo.com/938945040"
Innovations and regulatory support to help drive growth in the insurance sector
Synthetic data to power 40% of insurance AI by 2027
^ "https://vimeo.com/938109978"
Addressing privacy and bias concerns through innovative data use.
Credit insurance drives BRI's premium increase: Fitch Ratings
The insurer holds a 3% market share in Indonesia’s non-life industry, as of 2023.
Towngas, FSE Nova commit to expanded insurance cooperation
It plans to invest more resources to offer insurance broker services to Towngas’ customers in HK and the mainland.
Actuaries Institute calls for superannuation test Revamp
The proposed two-metric test would introduce a new measure based on risk-adjusted performance.
Noto earthquake saw $480m claims paid – GIAJ
Total claim payments received were 81,544.
WTW’s net income falls 6% YoY in Q1'24
Diluted EPS for the quarter was at $1.83.
UAE mandates employer-paid health insurance to foreigners
This requirement has already been enacted in Abu Dhabi and Dubai.
ARPC simplifies reinsurance for terrorism risks
Insurers must cover eligible policies in a declared terrorism incident, though scheme participation is voluntary.
MSIG Singapore to maintain footing from parent support: S&P Global
S&P Global Ratings said the insurer will remain highly strategic.
Over 1.12 billion in China receive health e-certificates
The e-certificates enables individuals to present a QR code instead of physical insurance cards.
Malaysia’s general Takaful payouts up 24.4% in responsiveness
MTA anticipates steady industry momentum in 2024.
AI insurance tech receives $2b investment in 2023
Insurers need to stay ahead amidst tech disruptions, says GlobalData head.
HKIA alerts on fraudulent payment invoices
The HKIA not issue invoices for anything named "Insurance Authority Certificate" or "Capital Insurance Certificate." 

Exclusives

Insurance Markel targets professional indemnity market in Australia
Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
Insurance Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
Insurance InterContinental Singapore is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel’s rain insurance offer.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Insurance 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.

Join the Insurance Asia community