Insurance

Low penetration rates challenge Indonesian insurance

Innovations and regulatory support to help drive growth in the insurance sector
4 hours ago

Low penetration rates challenge Indonesian insurance

Innovations and regulatory support to help drive growth in the insurance sector
4 hours ago

Synthetic data to power 40% of insurance AI by 2027

Addressing privacy and bias concerns through innovative data use.
4 hours ago

Credit insurance drives BRI's premium increase: Fitch Ratings

The insurer holds a 3% market share in Indonesia’s non-life industry, as of 2023.
9 hours ago

Towngas, FSE Nova commit to expanded insurance cooperation

It plans to invest more resources to offer insurance broker services to Towngas’ customers in HK and the mainland.
9 hours ago

Actuaries Institute calls for superannuation test Revamp

The proposed two-metric test would introduce a new measure based on risk-adjusted performance.
10 hours ago

Noto earthquake saw $480m claims paid – GIAJ

Total claim payments received were 81,544.
10 hours ago

WTW’s net income falls 6% YoY in Q1'24

Diluted EPS for the quarter was at $1.83.
10 hours ago

UAE mandates employer-paid health insurance to foreigners

This requirement has already been enacted in Abu Dhabi and Dubai.
10 hours ago

ARPC simplifies reinsurance for terrorism risks

Insurers must cover eligible policies in a declared terrorism incident, though scheme participation is voluntary.
11 hours ago

MSIG Singapore to maintain footing from parent support: S&P Global

S&P Global Ratings said the insurer will remain highly strategic.
11 hours ago

Over 1.12 billion in China receive health e-certificates

The e-certificates enables individuals to present a QR code instead of physical insurance cards.
1 day ago

Malaysia’s general Takaful payouts up 24.4% in responsiveness

MTA anticipates steady industry momentum in 2024.
1 day ago

AI insurance tech receives $2b investment in 2023

Insurers need to stay ahead amidst tech disruptions, says GlobalData head.
1 day ago

HKIA alerts on fraudulent payment invoices

The HKIA not issue invoices for anything named "Insurance Authority Certificate" or "Capital Insurance Certificate." 
1 day ago

CareEdge forecasts 11% to 13% growth for India’s life insurers

Digital infrastructure is expected to enhance distribution channels.
1 day ago

Igloo partners with finance providers to tackle underinsurance in Vietnam

To date, Igloo has partnered with more than 75 companies in 8 different territories across SEA.
1 day ago