insurance
Japanese insurer targets ¥45b in green premiums
Tokio Marine Group is also working with its corporate clients and investors.
Japanese insurer targets ¥45b in green premiums
Tokio Marine Group is also working with its corporate clients and investors.
Families receive aid after school bus tragedy in Thailand
OIC confirmed the bus had compulsory motor insurance from Viriyah Insurance.
Prudential, Bank Syariah partner for bancassurance offering
Starting in early 2025, Prudential will provide products to BSI customers.
Sun Life debuts peso tech funds
The funds come in two variants.
UniMed’s capitalisation hits strongest level in 2023
Thanks to low underwriting leverage and moderate investment risk.
Cheche and Tokio Marine boost China insurance ties
Tokio Marine & Nichido Fire Insurance was the first Japanese insurer to enter China.
Prudential targets 9% to 13% growth in H2 2024
However, analysts raised concerns about the impact of non-controlling interests.
Manulife integrates GenAI in contact centres, rollout starts in Singapore
About 68% of agents used the tool within two weeks of its pilot launch.
China Life Insurance stays robust amidst national credit concerns
NBV increased by 18.6% year-on-year in the first half of 2024.
IFRS 17 pushes Korean insurers towards lower-risk products
S&P notes that insurers have been preparing by investing in long-dated bonds.
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
Fitch expects rising profitability for Urtrust in near term
Urtrust maintains a solid capital buffer to support its rapid premium growth.
Why are APAC retirees struggling with unexpected costs?
Over a fifth of respondents had not anticipated their retirement expenses.
Fathom unveils catastrophe model for flood risk
Flooding is responsible for $14b insured losses in 2023.
Sompo’s risk-adjusted capitalisation reaches peak levels
Despite exposure to equity risk, Sompo has sufficient capital to absorb loss.
Hong Kong’s insurance premiums return to pre-pandemic levels: Jefferies
HSBC and Hang Seng have shown unexpected growth in 2024.
Public insurers lag behind private in Indian market
Health and motor insurance were key growth drivers for private insurers.
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1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. bolttech secures $50m venture debt from HSBC, expands market 4. Life insurance premiums forecast to grow by 3% yearly until 2026 5. Prudential launches AI lab in SingaporeResource 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.
