insurance
Igloo partners with Philippine teleco-giant Smart
It offers plans for as low as $2.13.
Fukoku Life posts record core profit in FY23
Despite a slight dip in premiums, its core profit accumulated $640m.
Commitment issues rise amidst climate risks dampen insurance reliability
Typhoon Koinu alone in 2023 led to over $500m in insurance claims.
QBE underwriting reforms show promise: S&P Global
QBE to maintain capital redundancy at or above the 99.95% stress level.
HK warns against fake free insurance ads
The circulating ad even featured a government Dep’t logo.
Japanese insurers eye profit from hikes in fire and auto insurance
FY24 profit targets exceeded Jefferies’ forecasts.
MetLife relies on Australian arm through 2026
S&P Global says MetLife Insurance would keep a stable outlook.
Howden Re appoints new client strategy chariman
David Hearn has over 42 years of experience in the industry.
HK insurers’ Q1 premiums mounts $22b in premiums
On a year-on-year basis, it climbed 12.2%.
How Thai insurers can battle through a high-risk environment
Low cybersecurity lands Thailand at the 64th spot in overall resiliency rankings.
What will drive Australia’s PA&H industry to reach $27.8b premiums in 2028?
The market is projected to expand by 5.9% in 2024.
HKIA bans two agents for false credentials
The cases occurred before the HKIA took over the regulation of insurance intermediaries in 2019.
Insurers must offer privacy on the back of personalisation
Industry experts at Insurance Asia Forum believe Thailand is bound for growth, but warn against data and health risks.
Union Insurance settles pandemic claims, boosts capital
Its adjusted capital and surplus have returned to pre-COVID levels.
Howden Re sees property-cat rate decline
Forecasts show a 60% chance of La Niña developing midseason.
MSIG to stay afloat in the next 2 years: S&P
MSIG HK is unlikely to be sold despite its small capital and earnings contributions.
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Most Read
1. Singapore’s life insurance slated for $43b premiums in 2029 2. Aon to acquire Mitsubishi Chemical Group’s insurance agency 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.
