insurance
8 in 10 Filipinos seek more insurance amidst rising costs
Out-of-pocket health expenses reached $9b in 2022.
8 in 10 Filipinos seek more insurance amidst rising costs
Out-of-pocket health expenses reached $9b in 2022.
Japanese non-life overseas operations seen to temper domestic underwriting
The country’s big three non-life players saw their profits surge in FYE24.
Ping An upgrades proactive health management system
Nearly 13 million users were enrolled in the family doctor membership last year.
How can insurers transition into a customer-centric business
Arthur D. Little narrowed it down to six steps.
CALI pushes for financial advice accessibility amidst rising costs
Only 8% of Australians consider taking financial advice for insurance.
Allianz Commercial appoints new head for cyber
She brings over two decades of experience in financial lines and cybersecurity.
Kyobo Life to hold solid market position in the 12-18 months
Its return on capital (ROC) was 3.0% in 2023.
What were the most common forms of capital insurers used in 2023?
Alternative reinsurance capital exceeded $100b last year.
Only 31% of Indian seniors insured for health
Unfortunately, 16% had applied for coverage but were denied.
Japanese insurers take sound approach toward ESG goals: Fitch Ratings
Insurers may invest in ESG assets only when they offer attractive risk-return profile.
Zurich Insurance bags majority stake in Kotak Mahindra General Insurance
Total consideration for the acquisition amounts to $670m.
Fubon Life maintains stable outlook: Fitch Ratings
The insurer could use overseas instruments as risk mitigation leverage.
Insurers face customer churn as prices rise in select products
Experts pin 3 ways to adapt to a more ‘demanding’ customer base.
Digital Care revamps to bolttech
The company hopes to strengthen its presence in other regions besides Asia.
QBE Asia announces new chief underwriting officer
He joined QBE Asia back in 2016.
IRDAI greenlights Paytm Insurance withdrawal
It will focus on the health, life, motor, shop and gadgets segment.
Japan insurers benefit from lower COVID-19 costs
Both the life and non-life industries saw a surge in their end-March net income.
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Most Read
1. Singapore’s life insurance slated for $43b premiums in 2029 2. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 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.
