insurance

16% plan insurance exit as Australian premiums spike

But 41% of Australians will keep their current provider.

Philippine deposit insurer raises maximum coverage to P1m

Previously, the MDIC amount was $8,630.44 (₱500,000).

Insurers shift from traditional to real-time risk analysis

Thanks to increased AI-adoption, threats are also rising with phishing attacks up 135% in 2 months.

Singlife Financial Advisers unveils new CEO

Before this role, he held leadership positions at Singlife and Aviva Singapore.

Australia opens consultation for annuity products capital settings

The key proposal will modify the calculation of the ‘illiquidity premium’.

Swiss Re appoints new CUO, Patrick Raaflaub to retire

Raaflaub will retire by the end of September 2025.

SEADRIF, FAO partner to assess Agricultural Risk Finance Facility

Both seek to address this by improving access to data, models, and insurance.

Pru Life UK’s Manila headquarters embraces hybrid work

The office has recreational and wellness areas to help employees recharge.

This week in insurance: Australia's insurance sector faces cost pressures

6 in 10 Australians said they are willing to spend more on protection against disasters. 

Insurers, governments must address longevity challenges together

People in developed countries tend to underestimate their lifespans.

Muang Thai Life’s profitability set for medium-term recovery

Fitch also projects capitalisation to stay stable in 2025.

China’s FIs urged to refine services for credit support

The NFRA also highlighted the role of technology in improving inclusive finance.

Indonesian association, Gadjah Mada University ink deal for upskilling

The collaboration aims to address the shortage of actuarial professionals.

VSS, World Bank target wider social insurance coverage in Vietnam

The world organisation hopes to aid Vietnam’s goal of a 60% coverage target by 2030.

Philippine gov’t insurer sees net income surge of 21% YoY in 2024.

It disbursed $3.06b (₱179.92b) in claims and benefits last year.