insurance
Disappointing 1Q'24 dampens Prudential's outlook: Jefferies
Jefferies reduced its price target by 22%.
Disappointing 1Q'24 dampens Prudential's outlook: Jefferies
Jefferies reduced its price target by 22%.
India’s non-life sector could see 15% growth in the medium-term
This would be driven by India’s GDP and disposable income levels.
Groke calls for strong implementation of ship situational awareness systems
17% of marine insurance claims from 2017 to 2021 were due to collisions, foundering, or sinking.
How does S. Korea fare in terms of risk resilience?
It ranked lowest in climate risk exposure at 109th place.
Tokio Marine nearly doubles its FY’24 net income
It saw its assets reach $200b.
April storm causes AU$176m in insured damages in NSW
The storm brought in 14,781 claims.
Corebidge acquisition could catapult Nippoin Life’s profitability
Fitch projects an increase in consolidated core profit by ~$580m.
MS Reinsurance rebounds in FY’23 amidst favourable conditions
Gross written premiums increased by 34%.
How resilient is Thailand amidst business risks and opportunities?
It ranked 64th place in the overall index.
Australian council addresses AI Risks, touts strong data management
ICA calls for government-industry-academia collaboration.
Indonesia to consider mandatory TPL insurance
This move is driven by the increasing number of accidents on the road.
Markel enhances Chinese market position
Two of the new hires are underwriters, whilst the third will take on a managerial role.
Starr Insurance selects CEO for new Korea unit
Paul Choi carries over 30 years of industry experience.
AXA XL names Riha for Key role in Europe, Asia
She will be relocated from Singapore to Dublin.
How well does Malaysia manage its risks?
Malaysia ranks high in climate risk quality.
Annual workshop aims to boost Taiwan's bilingual goal
It integrates the language workshop for insurance practices.
Vietnam launches plan for social insurance with Korea
The international cooperation dept will lead insurance tasks.
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Most Read
1. Aon to acquire Mitsubishi Chemical Group’s insurance agency 2. Singapore’s life insurance slated for $43b premiums in 2029 3. MAS updates rules on life insurance product launches 4. APAC emerges as leader in renewables insurance 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.
