General insurance
Australian regulator calls for better claims handling
ASIC expects the industry to improve its response to recent events and prioritise the resolution of outstanding claims related to 2022 floods.
Australian regulator calls for better claims handling
ASIC expects the industry to improve its response to recent events and prioritise the resolution of outstanding claims related to 2022 floods.
MSIG Singapore upgrades investment analytics with Clearwater tech
This will enable digital reporting, ensuring compliance with international standards such as IFRS 9.
AIA Singapore welcomes interns in first corporate-led programme
The programme is six-week long.
Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia
Success in both markets relies heavily on how they’ll navigate uncertainties.
Operating performance strong for ICICI Lombard: AM Best
Its underwriting results are offset by its reliance on investment income.
S’porean vehicle owners can access accident reports via new service
Vehicle owners can purchase a report for S$90 each.
Long-term insurance drives Samsung Fire & Marine’s 2023 profit growth
Revenues climbed 6.9% for the year.
Chubb launches new occupational hazard insurance in Hong Kong
The insurer is also launching a new employee insurance benefit product for SMEs.
India extends ‘Use and File’ system
This allows insurers to market products whilst waiting for regulator approval.
Japanese general insurers shift focus to property and specialty lines
Motor insurance premium decline triggered this shift.
Growth continues for China's insurance market
The country came second behind the US in terms of total premium volume in 2020.
Malaysian central bank pushes upgrades to insurer, takaful capital framework
These upgrades ensure that the framework remains effective amidst shifting market conditions.
India's Digit Insurance secures $200m in latest funding round
The investment will result in a 5% dilution of the firm's equity.
Thai general insurance GWPs to hit $10.6b in 2025: report
Growth is expected to recover from 2022 onwards and will witness an upward trend.
Major South Korean insurers to stop underwriting new coal projects
The confirmation follows pressure from a network of civic groups.
AXA sells Malaysian insurance assets to Generali
The deals will turn Generali into Malaysia's second biggest P&C player.
CBA sells general insurance arm to Hollard Group
The two firms have struck a 15-year distribution deal for home and motor vehicle insurance.
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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.
