Insurance
WTW Japan’s pension fund index up 5.6% in 1Q24
The firm’s benchmark discount rate increased to 2.39%.
WTW Japan’s pension fund index up 5.6% in 1Q24
The firm’s benchmark discount rate increased to 2.39%.
Nippon Life eyes 20% surge in core operating profit by 2026
The insurance company laid out its three-year targets focusing on boosting revenues.
Chubb elevates Kate Burke in APAC personal lines
Burke has over 17 years of industry experience and has a background in travel insurance.
60,000 gig workers to get insurance from JodRewards programme
The sponsored benefits are underwritten by Etiqa Insurance Singapore.
Income Insurance debuts in AltaX
Income Insurance shareholders can sell their shares to Phillip Securities.
Health insurers show mixed profit margins in Q4’23
There was a noticeable decrease in market capitalisation noted from Q4’22 to Q4’23.
PICC P&C posts mixed Q1’24 results, eyes stability
Even with a 5% QoQ improvement in investment income, it still saw a 36% YoY decline.
Chinese life insurers cut projections amidst low-interest concerns
Insurers reduced pricing interest rates on traditional products, aiming to lower guaranteed liability costs.
DUAL Australia expands with new insurance line
There are insurable limits of up to $150m per policy available.
Japan's property insurers stay afloat post-earthquake – GlobalData
Economic losses are estimated between $8.6b to $20.3b.
Indonesia lifts sanctions on PT Independen Pialang Asuransi
The broker was able to obtain approval from the authority.
China intensifies healthcare probes over insurance fund concerns
It will be focusing on detecting improper fund usage in critical care,
Medical insurance tops SME employee benefits: Prudential
Whilst pay was cited as the top factor to remain in their job, the survey also noted the importance of non-financial benefits for SME workers.
China launches seven-month crackdown on industry fraud
Since 2021, the nation’s police have uncovered almost 2,000 insurance fraud cases.
India’s terrorism risk pool pays high for 18 claims last year
Limit of Indemnity is capped at INR20b per risk/location.
AIA Singapore unveils wealth centre at Six Battery Road
Clients can access a panel of experts in legal, tax, and trusts.
Vietnam’s insurance giants armour up for tech challenges
Insurers adopting digital tech eye double-digit growth.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Resource Center
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Jul
09
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
Co-Written / Partner
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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Most Read
1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
09
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Firewalls are never enough