insurance
Finance, banking sectors show the most interest in pension plans
About 142 IPPs and ISPs were established over the last five years.
Finance, banking sectors show the most interest in pension plans
About 142 IPPs and ISPs were established over the last five years.
India's life insurance APE grows 22% YoY in April
New business premiums surged by 61.2%.
Australian summers bring higher disease risk
High temperatures could impact agricultural production and health.
Persistent issues with late payments in Vietnam call for reform
A proposal to introduce separate criminal sanctions to address this issue has been raised.
Singlife introduces first market insurance for dementia care
Dementia is the 5th leading cause of disability in the country.
Manulife expands in Macau with new YOHO Group lease
It is a multi-year lease for a 64,000 sq ft space.
SG’s life insurers see 32.2% leap in new business premiums in Q1’24
This is equivalent to S$1.4b.
OCBC's bid for Great Eastern Life to boost sector valuations
OCBC has been a shareholder in Great Eastern Life since 1958.
Generali China deal tops Q1’24 APAC transactions
Generali agreed to buy a 51% stake in Generali China Insurance.
South Korea's capital adequacy rises to 232.2%
This was an increase of 8.1 percentage points from three months prior.
Asahi Life's profitability improves amid lower claims
Fitch Ratings expects Asahi Life to maintain or improve its capital strength.
Insurance revenue climbs 5.5% YoY in Munich Re's Q1’24
Man-made major losses rose to $451m, the largest being the bridge collapse in Baltimore.
China's crop insurance aims to tackle farmer instability
Amongst other things, it also talked about plans for logistics and the manufacturing sector.
Guild Insurance continues a positive investment income trend: AM Best
AM Best expects GIL to maintain adequate operating performance.
Porch Group sues CCB over alleged reinsurance fraud: Report
CCB is accused of working with employees of bankruptcy-hit Vesttoo.
Travel insurance market set to reach $106.8b by 2032
The region showed the fastest-growing CAGR.
QBE reports 2% YoY growth in Q1’24’s GWP
Premiums declined by 2% in constant currency.
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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.
