insurance
Chubb synergises with three other Korean firms: Report
Chubb's general insurance subsidiary announced it will rename its brand.
Chubb synergises with three other Korean firms: Report
Chubb's general insurance subsidiary announced it will rename its brand.
Insurers shell out $20b to implement IFRS 17
Yet, firms report no significant impact came from the new standard.
Singlife cuts costs by $4m yearly with AWS integration
At least 70% of its staff earned at least one AWS certification.
How private equity will mould the region’s life insurance market
Asia saw $25b in private equity-backed reinsurance transactions in 2023.
Vietnam’s non-life insurers show mixed results in Q1: Report
The market is projected to reach VND79.7t this year.
CEO unfolds how Indonesian firms can focus on growth amidst new regulations
Whilst the market drives towards growth, new rules shrink insurer presence.
Asei and Seoul Guarantee Ink MoU
The partnership aims to solidify suretyship and credit insurance in Indonesia.
What will drive the health and medical insurance market for the next 4 years?
The industry is projected to rise at a CAGR of 8.9% by 2028.
APRA evokes insurers to backup data against the risk of loss
The authority emphasised compliance with CPS 234.
Kyobo Life's profits reach $230m in Q1
CreditSights said this was the second-highest earnings figure in the market.
MS Reinsurance names Marin to lead data division
He is joining from Swiss Re.
Swiss Re, Appian expand underwriting tool to APAC
The solution is integrated with Swiss Re's automated underwriting system.
Cathay Life gets to keep crown as leading insurer in Hong Kong: Moody’s
Cathay Life is forecasted to stay profitable in the next 12-18 months.
Higher EV sales to surface new insurance risk factors: SRI
EV insurance can take the global market size to more than $200b in 2030.
Making bancassurance partnerships work: It takes two to tango
There are 10 types of innovation that can insurers and banks can do.
Fubon Life’s investments raise volatility concerns
Its P&C segment’s profits and capitalisation over the next 12-18 months should remain stable.
Prudential Singapore unveils indexed universal life plan for HNWs
This plan aims to provide coverage against market uncertainties.
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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. Aon to acquire Mitsubishi Chemical Group’s insurance agency 4. APAC emerges as leader in renewables insurance 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.
