Insurance

Allianz Trade backs Prometheus for disability support

The insurer will provide financial support and aid with strategic and visibility matters.
20 hours ago

Allianz Trade backs Prometheus for disability support

The insurer will provide financial support and aid with strategic and visibility matters.
20 hours ago

Manulife Singapore upgrades income-generating product

About 9 in 10 S’poreans said they want to earn without working.
21 hours ago

Moody's says FTLife to maintain profitability

The ratings agency expects strong capital reserves, surpassing regulatory minimums.
21 hours ago

Indonesia's vehicle sales drop risks finco asset quality

Fitch expects finco sector receivables to grow at a high-single-digit rate in 2024.
22 hours ago

Insurers adapt to EV demands with specialised risk products

EV insurance is estimated to surge $687.62b by 2029.
22 hours ago

Declining yields pose risks to China's insurance sector

In late 2023, regulators eased some C-ROSS rules, prompting insurers to raise capital via perpetual bond issuance.
23 hours ago

Overseas ventures of South Korean insurers post mixed results in FY’23

Insurers have operated 41 overseas businesses in 11 countries as of yearend.
1 day ago

New Zealand supports comprehensive reform of insurance legislation

The ICNZ also pledges to collaborate with the government and regulators.
1 day ago

Prosper Health joins AXA to strengthen healthcare in China

AXA customers gain access to medical facilities across 296 cities in China.
1 day ago

Sun Life unveils new ESG-focused critical illness plan

The plan covers 188 illnesses and 38 complex surgeries.
1 day ago

HKIA welcomes World Bank’s second Cat bond, worth $150m

It will offer coverage against storm risks in Jamaica.
1 day ago

FWD Names Salvilla chief health officer of new unit

Dr. Salvilla joined FWD back in March 2021.
1 day ago

Firewalls are never enough

Greater connectivity heightens businesses' vulnerability to attacks for financial gain, data theft, or industrial sabotage.
2 days ago

Triple P Capital acquires 85% stake in MAAGAP

The investing group aims to boost its presence in the Philippines.
2 days ago

Philippines' microinsurance premiums jump to $240m in 2023

The year saw 56.62 million Filipinos covered under microinsurance policies.
2 days ago

Hang Seng upgrades annuity plan

Only 22% of professionals felt confident about their retirement funds. 
2 days ago

Chubb, Maryland to discuss $350m compensation deal: Report

Analysts anticipate total insurer payouts could reach $4b.
2 days ago