insurance
HDI Global's Q1 net income rises to $112m
Thanks to inflation-related price changes and new business in property.
HDI Global's Q1 net income rises to $112m
Thanks to inflation-related price changes and new business in property.
Cathay Life projects continued profitability: S&P
The life insurer is likely to remain the group's flagship entity, dominating revenue and assets.
Sunshine Life retains adequate capital buffer: Moody’s
The insurer was able to show an ROC of 4.7% in FY23.
Taiwan life insurers' foreign sales rise 6% in March
Investment-linked insurance products generated NT$9.3b during the month.
Manulife SG elevates pro recognition programme
The programme holds a 67% retention rate.
FWD Group reports 17% growth in VNB for Q124
The company saw $215m in terms of value of new business.
Taiwan insurers rebound to $4.76b in profits for April
It was a far cry from the $270m loss in 2023.
Howden inaugurates SME cyber insurance platform
Only one in 10 SMEs invest in cyber insurance.
Hong Kong Investors wary of insurer growth divergence
IFRS 17 tends to undervalue savings contracts, Jefferies noted.
Japan insurers pay $215m for April hail damage
Nearly 100% of the claims received were covered.
Prudential Hong Kong forms alliance with 7 local hospitals
This partnership aims to build a healthcare ecosystem in Hong Kong.
Indonesian fintech protects 200k customers through Qoala, Sompo collab
JULO Protect Plus is the first insurance cover embedded in its virtual credit card solution.
Global R&W insurance claims rise despite M&A slowdown
The competitive landscape in 2023 favoured insured parties more.
Pacific Life Re secures reinsurance deal with Tokio Marine & Nichido Life
This will benefit Anshin Life’s product portfolio.
Paytm withdraws application for general insurance licence
Its decision will save the company INR950 crores.
Kairos appoints tech veteran Siregar as new CTO
Andre Siregar will work hand-in-hand with Albert Lim and Stephen Lee.
Philippines’ state insurer collaborates with JICA
The Technical Cooperation Project hopes to boost GSIS’ underwriting capabilities.
Thought Leadership Centre
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.
