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
Commentary
Critical illness coverage penetration challenges: Understanding Singaporean Struggles and Solutions
Renewables push faces climate hurdles post-COP28