News

HKIA takes action against ethical breach by agent

This is the 7th case the HKIA reprimanded an insurance practitioner.
1 day ago

HKIA takes action against ethical breach by agent

This is the 7th case the HKIA reprimanded an insurance practitioner.
1 day ago

Asia bears $17b of Q1 natural disaster economic loss

Less than half of the global economic losses were insured during Q1’24.
1 day ago

Liberty Mutual bolsters capabilities to expand in APAC

Liberty Specialty Markets and Asia Retail Markets will merge.
1 day ago

S. Korea sees 189 large liability claims in a decade

It was an average of 19 claims per year and a loss amount of KRW3.2b per claim.
1 day ago

Philippines’ IC teams with IBP on free legal aid for claims

Last year the commission addressed 5,417 informal complaints.
1 day ago

Allianz Partners collaborates with MoneyHero for travel insurance

The policy is underwritten by Tokio Marine Insurance Singapore.
1 day ago

India’s non-life premiums see double-digit growth in FY’24

The industry is projected to grow 13% to 15% in the medium term.
1 day ago

AllianzGI expands footprint in China

The company received approval for its FMC business back in August 2023.
1 day ago

How insurance companies can embrace sustainability

A Sustainable Insurance Roadmap was made to guide companies on how they can incorporate sustainability into their strategies.
1 day ago

Korean Re notes potential growth of pet insurance amid low uptake

Whilst there is a growing demand for pet insurance in Korea, only 11.9% of households with pets availed of insurance.
1 day ago

Outlooks of six Chinese insurers pressured by sovereign risks

On the contrary, one insurer should experience a stable outlook.
2 days ago

AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants

Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
2 days ago

Ping An Life to see 15% YoY NBV growth in Q1’24 – Nomura

A catalyst could be the low base effect in the first two months of COVID restrictions.
2 days ago

Low investment risk seen for ClearView after asset sale

The Australian insurer sold its investment in Centerpoint Alliance in November 2023.
2 days ago

Howden warns against over-reliance on cyber insurance

The insurance broker listed three AI threats haunting organisations.
2 days ago

Gallagher Re calls for nuanced view of PE-backed reinsurers

Critics warn of short-term profit strategies risking stability and trust.
2 days ago

Global exposure growth reaches 11.7% YoY

IED for Wind Japan was stable against the Yen.
2 days ago