insurance

Primary insurers bear more risk in new reinsurance climate

NatCat losses in the first half of 2024 were driven by medium-sized events.

Primary insurers bear more risk in new reinsurance climate

NatCat losses in the first half of 2024 were driven by medium-sized events.

Income Insurance introduces new EV plan, ‘range anxiety’ coverage

The plan has optional coverage for private charging stations up to $3,880.90.

India eyes turnaround plan for public insurers

The upcoming Ind AS 117 is expected to recalibrate solvency ratios.

Filipino Muslims seek more Shari’ah-compliant options

Ethical values heavily influence decisions, with healthcare as top priority.

Insurance, pensions see 6.2% rise amidst market gains

Asia’s household financial assets grew by 7.5%.

Why Vietnam’s insurers are pivoting to foreign reinsurers for large policies

Local firms reinsured $246m domestic reinsurance premiums, $902m were transferred to foreigners.

Federal Court rules on IAG business interruption class action

The court expressed its intent to declass the representative proceeding.

APAC insurance stability bolstered by strong risk management

87% of the APAC rating units had stable outlooks at the end of 2023. 

Why Australians are at risk of scams due to informal retirement advice

Older Australians were more likely to seek advice from formal sources.

Lower-income households bear brunt of insurance hikes

Whilst inflation is declining, insurance prices have risen sharply.

Allianz Commercial India appoints new head of cyber security

She has more than a decade's worth of experience.

Global trade drives 8.4% growth in import-export insurance

Banks, lenders often require importers and exporters to have insurance in place.

Etiqa launches e-Takaful Hayat for PERKESO contributors

The app also assigns a health score to users based on their screening results.

GIAJ pushes for earthquake insurance in risk zones

The association is also revising its business practices.

Prudential pins two challenges in transition finance

It has also set aside $150m for KKR’s climate strategy.

ECGC’s risk-adjusted capitalistation at strongest level in medium-term

As a monoline credit insurer, it insures about 40% of total export credit by banks.