General insurance
Zurich partners with Tesla in Australia as it rides EV trend
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Zurich partners with Tesla in Australia as it rides EV trend
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
China motor insurance market to rise 5.2% this year
New energy vehicles are gaining traction in China’s vehicle market.
Taiwan insurers' earnings doubled to $10b in July
Both its life and non-life segments witnessed triple-digit growth.
Allianz Partners India joins Pulse Energy for real-time EV charger access
An EV trip planner will map routes with available chargers.
KakaoPay Insurance hits 1.5m travel insurance enrollments
It has integrated its services through KakaoTalk, which has over 41 million users.
What will drive India’s general insurance sector this year?
The industry is slated to grow by 11.2% this year.
Profits of Sri Lankan insurers jump 35% YoY in Q1 2024
Its assets climbed 10.9% YoY.
Philippine general insurers’ net income expands to $90b in H1 2024
Total assets also increased by 6.86% YoY.
Premium income of Chinese insurers in H1 2024 climbs 4.9% YoY
Claim and benefit payments amounted to $172.20b.
Pet insurance market slated for 8.1% CAGR by 2032
Several insurance companies now offer multi-pet insurance policies.
Australia’s insurance Industry expands in January to March
Both the life and general insurance segment witnessed surges in profit.
India’s general insurance sector slated to expand 11.2% in 2024
Motor insurance is anticipated to account for 31.1% of GWP.
Hanwha General should bolster its digital non-life subsidiary
HGI reported a consolidated ROE of 6.5% in 2023.
What risks insurers warn of in evolving motor insurance sector
Hong Kong’s push for EVs has insurers dissecting the risks and rewards in the evolving motor industry.
Hyundai Insurance China faces capital challenges amidst expansion
HIC is diversifying into personal lines, focusing on ride-hailing drivers and motor insurance.
Vietnam’s non-life sector attracts robust foreign direct investment
Recent regulations supported the industry’s stable outlook.
SunCar Technology lengthens partnership with China Continent
Higher service sales from the existing partnership drove this move.
Thought Leadership Centre
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1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. bolttech secures $50m venture debt from HSBC, expands market 4. Life insurance premiums forecast to grow by 3% yearly until 2026 5. Prudential launches AI lab in SingaporeResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
