insurance
Insurers in ANZ leverage AI amidst tightening margin
Insurers in ANZ leverage AI amidst tightening margin
Due to inflation, extreme weather events, and evolving consumer expectations.
1 hour ago
Japanese trading house acquires 20% of Thaivivat Insurance
The transaction is expected to finish by February.
19 hours ago
Meiji Yasuda rolls out 5% wage hike amidst inflation
This marks the 2nd consecutive year of wage hikes for its 11,000 internal staff.
20 hours ago
Shinhan Bank inks deal with Petrolimex Insurance on Vietnam expansion
The bank will distribute PJICO’s non-life insurance products.
21 hours ago
Financial firms plan cautious 2025 pay raises
Region-wide, planned budget increases averaged 5.2%.
1 day ago
Reinsurers face billions in California fire claims
Gallagher Re revised its insured losses estimation to $20b-$30b.
1 day ago
Taiwan Life earnings ‘volatile’ from interest-sensitive products reliance
The company has a 6% share of premium income as of 2023.
1 day ago
Budget Direct unveils new commercial vehicle cover
Customers can opt for the benefit of vehicle repairs at their preferred location.
1 day ago
Global insured losses peak third highest since 1980
Not even half of the total losses were insured.
1 day ago
Insurance operations complicated by foreign investment decline
The decline is mainly due to geopolitical tensions, COVID-19, and Russia-Ukraine war.
2 days ago
Pru Life UK, AAIIBP boost Islamic finance
It also partnered with Al Amanah Islamic Investment Bank to promote Islamic finance.
2 days ago
IRDAI reforms focus on modernising insurance oversight
The Regulatory Sandbox framework has also been updated.
3 days ago
Hong Kong insurance premiums surge 12.2% in 9M 2024
The period already shows signs of a rebound from the 1.1% fall in 2023.
5 days ago
Crawford & Company appoints new loss director for Malaysia
His expertise spans handling losses valued between RM20m and RM100m.
5 days ago
Chartered Insurance, Metis renew partnership to advance HK professionals
In 2024, Metis sponsored the Certified Insurance Professionals Induction Course.
5 days ago
Markel names new Casualty Claims manager for Australia
He was with Chubb for more than 12 years.
5 days ago
Sunshine Life's bancassurance channel fuels profitability
Fitch anticipates the group will continue to prioritise equity investments.
6 days ago
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