Motor insurance
Zurich Malaysia offers motorcycle insurance on Shopee
It includes add-ons like passenger liability, natural disaster protection, and strike coverage.
5 days ago
Zurich Malaysia offers motorcycle insurance on Shopee
It includes add-ons like passenger liability, natural disaster protection, and strike coverage.
5 days ago
South Korean insurers brace for profit squeeze amidst rate cuts
Direct premiums from long-term products contributed to a 3.7% increase in 2023.
Car Insurance Aggregators market to hit $5b in 2024
It is also forecasted to see a CAGR of 12.2% through 2028.
MoneyHero, bolttech new car insurance platform to expand in two markets
MoneyHero’s insurance segment accounts for 7% of total revenue in 2023.
How are new energy vehicle sales shaping China's insurance market?
NEV sales saw a 33.3% increase in Q1 2024.
Car insurance premiums rise 16% in Australia
The average car insurance premium across the country is now $1,717.
Income Insurance introduces new EV plan, ‘range anxiety’ coverage
The plan has optional coverage for private charging stations up to $3,880.90.
What will drive the Thai general insurance market to reach $10.9b by 2028?
Motor, the largest segment, is expected a boost from EV registrations.
Philippines motor insurance industry to grow 9% annually by 2029
This is higher than the global CAGR of 5.03%.
Vietnam inspects insurers for motor vehicle regulation compliance
Voters reported challenges in claiming compensation.
Chinese insurance tech meets auto giants in new deal
The company plans to develop a solution for traditional automakers in two years.
Zurich partners with Tesla in Australia as it rides EV trend
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
EV and hybrid insurance market to grow by 17% in the next four years
Challenges arise from the high cost of repairing or replacing components.
China motor insurance market to rise 5.2% this year
New energy vehicles are gaining traction in China’s vehicle market.
Allianz Partners India joins Pulse Energy for real-time EV charger access
An EV trip planner will map routes with available chargers.
What will drive India’s general insurance sector this year?
The industry is slated to grow by 11.2% this year.
India’s general insurance sector slated to expand 11.2% in 2024
Motor insurance is anticipated to account for 31.1% of GWP.
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1. bolttech secures $50m venture debt from HSBC, expands market 2. Life insurance premiums forecast to grow by 3% yearly until 2026 3. Prudential launches AI lab in Singapore 4. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 5. Asia leads in embedded insurance, set to reach $170b by 2030Resource 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.
