Insurance

Which pet breeds are the most expensive to insure?

Southern Cross Pet Insurance paid a total of AU$30m in claims last year.
6 days ago

Which pet breeds are the most expensive to insure?

Southern Cross Pet Insurance paid a total of AU$30m in claims last year.
6 days ago

Russian marine insurers secure India's approval: Report

The approval came after the Russian National Reinsurance Company provided financial guarantees.
6 days ago

IRDAI explores improved insurance distribution methods

Participants discussed industry readiness for transitioning to Risk-Based Supervision and Capital frameworks.
6 days ago

Prudent underwriting boosts Shinkong's claims experience: AM Best

The company saw a double-digit growth in capital and surplus in 2023.
6 days ago

Four key policies to change Vietnam’s health insurance law

93 million Vietnamese individuals have health insurance.
6 days ago

The global insurance market projects a 4.5% CAGR increase by 2027

Demand for car and travel insurance is increasing, amidst mandatory coverage.
6 days ago

30% of Malaysian millennials grasp insurance basics

66% of Malaysians feel like they can reach their long-term financial goals.
6 days ago

Low penetration rates challenge Indonesian insurance

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

Synthetic data to power 40% of insurance AI by 2027

Addressing privacy and bias concerns through innovative data use.

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.

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.

Actuaries Institute calls for superannuation test revamp

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

Noto earthquake saw $480m claims paid – GIAJ

Total claim payments received were 81,544.

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

Diluted EPS for the quarter was at $1.83.

UAE mandates employer-paid health insurance to foreigners

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

ARPC simplifies reinsurance for terrorism risks

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

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

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