insurance
Tokio Marine dR adopts Fathom data for disaster prep
Tokio Marine aims to assess flood risk from a climate change perspective.
Tokio Marine dR adopts Fathom data for disaster prep
Tokio Marine aims to assess flood risk from a climate change perspective.
Generali HK's Human Safety Net aids 50 families
Students and Generali volunteers organised workshops for children.
ZhongAn buys landmark offices in Shanghai
The insurer plans to build a FinTech cluster through the property purchase.
Italian insurance-financial firm opens office in Singapore
The lion city is Italy's largest export goods destination in the region.
52% of India’s health insurance policyholders indicate a premium increase
The industry’s premiums are expected to rise 10% to 15%.
Hong Kong general insurance GWP to reach $10.9b by 2028
Rising consumer prices can affect the industry’s profitability in the short-term.
S’pore insurers not mandated to override decisions on PWD provisions
MAS found no unfair practices but stressed improved insurer communication.
Sun Life's Asia business reports $177m for Q1'24 net income
The region’s sales, however, showed mixed results.
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
Global M&A rebounds, APAC outshines peers
WTW said this trend was mainly seen in the W&I insurance market.
Ant Insurance unveils privacy-preserving auto insurance tech
Providers like PICC, Ping An, and CPIC have already adopted this type of tech.
Zurich Japan, Loyalty Marketing expands into digital offerings
Both entities have been partnering since 2013.
BMS Re boosts MGA business with six new hires
It said it boosts its ProLink Solutions personnel by 40%.
Manulife’s Asia segment net income down 29% YoY in Q1’24
APE sales in Asia climbed 13% YoY to $950m.
Prudential ceases Hong Kong wealth business
It also closed down its wealth management platform in S’pore back in September.
China's long-term care insurance sees regulation overhaul
Since its launch, the scheme has covered 180 million people.
GIC Re witnesses premium income fall in 9M’23
Its premium income fell to INR28,458.1 crore.
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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.
