insurance
Insurers hold 9% to 12% in commercial real estate investments globally
China, whilst strong in absolute terms, is weak relatively.
Insurers hold 9% to 12% in commercial real estate investments globally
China, whilst strong in absolute terms, is weak relatively.
Climate insurtech seals deal to offer parametric insurance in Asia
Extreme weather events cost global agriculture $10b to $15b annually.
Prudential Singapore gets new CEO
She will also manage Prudential Financial Advisers Singapore.
Chubb Life to focus on steady profit in Asia
This is supported by stable business growth and risk control in Hong Kong market.
Korean insurers' profitability bolstered by strong CSM release
Insurers saw a 46% increase in net profits, attributed to the adoption of IFRS17.
Taiwan's new EV insurance plans to ensure fair pricing
Premium rates for EVs won't exceed those for gas vehicles by 50%.
Zurich Insurance to boost India workforce by 40%
This is equivalent to 600 employees.
Japanese insurer plans merger of European branches
The merger is aimed to be completed around the summer of next year.
Singapore leads in cyber insurance with 96% adoption rate
About 76% of businesses reinforced cyber defences to qualify for insurance.
Lockton bags 4th year of double-digit growth in organic revenues
It climbed 14% YoY.
AXA Hong Kong’s new plan covers 135 critical illness
This series provides up to 1,300% of the sum insured for major illnesses.
nib NZ maintains solid underwriting earnings
Its capital adequacy remains sturdy.
Insurance pivotal in risk resilience enhancement: Marsh
“There is No Planet B” author urged the sector to factor in risks of ongoing polycrisis.
India gains global interest from Zurich acquisition
India's financial services sector remains significantly underpenetrated.
Japanese insurers seeking alternatives to lower hail risks
2024 could potentially exceed ¥150b ($0.94b) in insured losses.
Indonesian insurtechs funding lead despite 79% industry nosedive
Total tech funding raised in the first half of the year amounted to $191m.
Oneglobal broking gets new Hong Kong executive
He will oversee the growth and development of Hong Kong and China businesses.
Thought Leadership Centre
Most Read
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. MAS updates rules on life insurance product launches 5. Rising healthcare costs drive growth in Indian insurance: McKinseyResource 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.
