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.

Smartpay and Chubb team up to offer embedded insurance in Japan

The insurance market is expected to reach JPY80t by 2027.

Howden Tiger strengthens APAC team with appointment of Karl Marshall

Marshall carries more than 30 years of actuarial experience.

Allianz Trade unveils service for B2B e-commerce payments

The payment solution includes trade credit insurance protection.

Etiqa S’pore unveils CI plan, supports mental health conditions

Coverage is provided for psychiatrist consultations, which are up to eight claims.

MSIG Singapore upgrades investment analytics with Clearwater tech

This will enable digital reporting, ensuring compliance with international standards such as IFRS 9.

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.

Japan life insurers double premiums to $12b  in 2023

Operating expenses also doubled for the year.

Hong Kong slams prohibition orders on former agents

Three agents committed separate crimes such as falsified accreditation and unauthorised benefit transfers.

ICA engages treasury on proposed financial advice reforms

A consultation roundtable was conducted last 19 February.

S&P expects APAC trends to return to fundamentals

Insurers are expected to focus on underwriting and prudent risk selection.

S’pore SMEs fear business interruption but don’t own insurance for it

S’porean SMEs said cyberattacks were the most common incidents in 2023.

International revenues soar 44% for Miller, Asia expansion notable

The company had five new teams launched, two of which are in Singapore.

Prudential Singapore to hire 800 financial reps

Those new to the industry are allotted time to learn and hone their skills fit for the insurance industry.

APAC to lead trade credit insurance, global growth to rise 9.3%

Robust activity in world trade pushed demand for trade credit insurance.

Over 18,000 new claims filed after recent Australian catastrophes

Insurers have already closed 28% of claims, paying out AU$171m