insurance
Energas Insurance faces performance pressure amidst rising claims frequency
Energas Insurance faces performance pressure amidst rising claims frequency
Its underwriting performance improved in the first nine months of 2024.
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
Earnings before interest and taxes (EBIT) climbed to $758m.
Cigna Healthcare appoints new APAC CEO
He previously served as Chief Financial Officer for the Asia Pacific region.
Specialist Risk Group launches Asia operations with Singapore office
The company plans to apply its UK and Ireland business model to the region.
Prudential Singapore launches Wealth Suite for high net worth clients
From 2023 to 2024, the insurer saw a 16% rise in its HNW customer base.
Allianz Trade appoints new Korea country manager
He joined Allianz Trade in 2015.
Asian construction insurers impose tighter catastrophe limits
And underwriting decisions rely heavily on detailed risk assessments, mitigation strategies.
Australian firms expect financial crime surge in 2025
Only a fourth of firms admitted their programmes are adequately equipped.
KBFG China seen to keep consistent underwriting performance: AM Best
KBFG China’s operating performance is also expected to remain stable.
Chinese insurers may risk AI pitfalls with DeepSeek rollout
Insurers that fail to comply may face penalties.
Manulife unveils IUL product tied to S&P 500 returns
Over half of HNWIs said they prioritise customisable payout features
CTF Life launches outpatient insurance for GBA travel
The plan utilises the medical network of The GBA Healthcare Group.
Prudential adopts NFC tech for faster client onboarding
The e-KYC will be integrated into PRUSubmit.
Financial crime threats to rise in 2025, Kroll report warns
One of the primary drivers is the rapid advancement of AI.
APAC gadget insurance market to grow 17.4% yearly until 2031
Worldwide, the segmet is seen to bag $194b in six years.
Lockton announces new head of marine, energy
She joins Lockton with 13 years of experience from Howden Malaysia.
Pet insurance market set for 13% annual growth through 2033
APAC is recognised as an emerging market due to rising disposable incomes.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
