claims fraud

Hong Kong insurer complaints rise for fourth straight year

Hong Kong insurer complaints rise for fourth straight year

The Insurance Authority has flagged gaps in incentives, disclosure, and oversight.
2 hours ago

Claims software market doubles to $10.1b by 2033

The sector is at $5.2b today with adoption spreading across payers and administrators.

What will drive APAC’s insurance claims market to grow 16.6% annually?

AI and data analytics will catapult the global industry to bag $638.3b by 2032.

MAS says insurance disputes rare with most resolved by mediation

FIDReC completed an average of 246 mediation and adjudication cases.

Insurance fraud worldwide estimated to exceed $80b annually in 2025

Asia-Pacific reported a 22% year-on-year increase in fraudulent claims in 2023.

Insurance fraud detection market to hit $31.8b by 2032

APAC demand for fraud detection tech surges.

Singaporean woman faces jail time for fake travel insurance claims

Her fraudulent insurance claims amounted to more than $10k.

Allianz Malaysia CEO calls for unity vs motor claims fraud

Motor claims fraud costs the industry $240.5m (MYR1b) per year, he said.