insurance
Niva Bupa Health in talks of IPO
Rs625 crore of the net proceeds from the fresh issuance to boost the capital base.
Niva Bupa Health in talks of IPO
Rs625 crore of the net proceeds from the fresh issuance to boost the capital base.
Bank Negara sets new claims standards for insurers
It also promotes the adoption of digital solutions to enhance efficiency.
Bupa's $180m in cancer claims leads to new service
Cancer accounts for one in 10 health insurance claims.
APAC mirrors global surge in transactional risk claims
Claims rate has remained stable between 9% and 11% per deal from 2018 to 2023.
WTW taps James Baum for dual leadership role
He has over 30 years of experience in the industry.
Reinsurance market stabilises amid mid-year renewals
Property catastrophe reinsurance rates were generally flat to slightly down.
Miller builds Japan footprint with new leadership
He brings over 35 years of experience to the role.
Synpulse enhances APAC strategy with new insurance head
He will focus on enhancing insurance and banking offerings in the region.
Taiwan's life sector sees 7% growth in foreign-currency sales
Investment-linked insurance products accounted for 15% of the total.
US reinsurer and Tongyang Life seal historic coinsurance deal
This is the first cross-jurisdictional coinsurance transaction in South Korea.
Marsh India reports surge in cyber incidents in 2023
The mean cost to recover from ransomware attacks was estimated at $1.82m.
Insurers and private capital firms strengthen ties
Private-capital-backed insurers have gathered nearly $700b in assets through 2023.
Zurich-Aon facility offers comprehensive hydrogen coverage
It also covers carbon capture, utilisation, and storage (CCUS) technologies.
Reinsurance market stable despite the absence of new entrants
Arthur J. Gallagher reports four reasons for the lack of new entrants.
Recent aircraft turbulence spurs insurance implications
WTW tells how recent events could potentially raise the number of insurance claims.
Bangladesh life insurer eyes IPO
The firm intends to allocate Tk8.40 crore for government treasury bonds.
FWD Indonesia seen to improve in the next two years
The insurer said it will focus on selling protection products and unit-linked policies to enhance margins.
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1. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 2. Singapore’s life insurance slated for $43b premiums in 2029 3. APAC emerges as leader in renewables insurance 4. Rising healthcare costs drive growth in Indian insurance: McKinsey 5. MAS updates rules on life insurance product launchesResource 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.
